Plan Ledger DOL Form 5500 · updated monthly

The Cushman School, Inc.403(b)

THE CUSHMAN SCHOOL, INC. 403(B) RETIREMENT PLAN · MIAMI, FL · plan year 2022

Reported admin expense ratio · 2022
0.19%

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

The Cushman School, Inc. reported $16,463 in plan administrative expenses for 2022: 0.19% of average plan assets, below the peer median. Employer contributions averaged $840 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Florida (1,871st of 3,644), and 2,172nd of 3,091 in educational services. In 2022, employees put in $2.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,197,293
Participants with balances136
Active participants283
Employer contributions$237,593
Employee contributions$573,821
Employer contribution per active participant$840
Average account balance$67,627
Benefits paid to participants$195,330
Plan auditUnmodified (clean) audit opinion
AuditorVERDEJA, DE ARMAS, AND TRUJILLO LLP
Administrative expenses, itemized · 2022
Professional / advisory$16,463
Total administrative$16,463
Employer contributions to the The Cushman School, Inc. plan · 2022
Employer contribution per active participant$840
Median for plans this size$1,114

The Cushman School, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$16,463 · 0.19%
Same employer
Similar plansEducational Services · Florida
Als Education, LLC FL$10.3M · 0.98%
Florida College, Inc. FL$8.9M · 0.51%
Saint Paul's School, Inc. FL$7.8M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591382853 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.