Plan Ledger DOL Form 5500 · updated monthly

The Episcopal School in the City of New York403(b)

THE EPISCOPAL SCHOOL DC RETIREMENT PLAN · NEW YORK, NY · plan year 2023

Employer contribution per participant · 2023
$7,193

The Episcopal School in the City of New York's 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $15,638,785 across 141 participant accounts, with employer contributions averaging $7,193 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 2 years on file its reported administrative ratio fell from 0.002% to 0.002%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New York (2,895th of 5,648), and 1,779th of 3,091 in educational services. In 2023, the employer put in $1.19 for every $1.00 employees contributed themselves; active participation has grown from 39 to 45 since 2022.

Plan summary
Net assets, end of year$15,638,785
Participants with balances141
Active participants45
Employer contributions$323,674
Employee contributions$272,976
Employer contribution per active participant$7,193
Average account balance$110,913
Benefits paid to participants$327,742
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 144 accts · $312K emplr
2023$15.6M · 141 accts · $324K emplr
2022$12.6M · 138 accts · $290K emplr
Employer contributions to the The Episcopal School in the City of New York plan · 2023
Employer contribution per active participant$7,193
Median for plans this size$2,440
2024$6,645 per active participant
2023$7,193 per active participant
2022$7,431 per active participant

The Episcopal School in the City of New York's 2023 employer contribution ran above the $2,440 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.

Administrative cost history3
2024$275 · 0.00%
2023Not separately reported
2022$305 · 0.00%
Similar plansEducational Services · New York
Cam-Held Enterprises, Inc. NY$15.6M · 0.45%
Prep for Prep NY$15.3M · 0.06%
Classical Charter Schools NY$15.0M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 131945827 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.