Plan Ledger DOL Form 5500 · updated monthly

The Chapin School LTD.403(b)

THE CHAPIN SCHOOL RETIREMENT AND SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

The Chapin School LTD. reported $89,480 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $10,142 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.06% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 749th-largest of 5,648 plans among New York employers on file, and the 495th of 3,091 in educational services. In 2024, the employer put in $1.22 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$107,705,350
Participants with balances667
Active participants242
Employer contributions$2,454,395
Employee contributions$2,007,927
Employer contribution per active participant$10,142
Average account balance$161,477
Benefits paid to participants$6,471,811
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$107.7M · 667 accts · $2.5M emplr
2023$96.6M · 669 accts · $2.3M emplr
2022$83.7M · 645 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,566
Investment management$30,914
Total administrative$89,480
Employer contributions to the The Chapin School LTD. plan · 2024
Employer contribution per active participant$10,142
Median for plans this size$3,635
2024$10,142 per active participant
2023$9,748 per active participant
2022$9,049 per active participant

The Chapin School LTD.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
TIAA · Contract administrator · Recordkeeping$58,566
ONEDIGITAL INVETSMENT ADVISORS · Investment advisory (plan)$30,914

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024TIAA
2023TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$89,480 · 0.09%
2023$85,897 · 0.10%
2022$56,186 · 0.06%
Same employer
Similar plansEducational Services · New York
Saint Anns School NY$110.2M · 0.14%
Hackley School NY$109.1M · 0.16%
Rye Country Day School NY$108.0M · 0.15%
Poly Prep Country Day School NY$103.0M · 0.13%
Daemen University NY$102.7M · 0.13%
Monroe College, LTD. NY$100.8M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131635257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.