Plan Ledger DOL Form 5500 · updated monthly

The Field School, Inc.403(b)

THE FIELD SCHOOL, INC. 403(B) DC PLAN · WASHINGTON, DC · plan year 2023

Reported admin expense ratio · 2023
0.24%

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

The Field School, Inc. reported $42,687 in plan administrative expenses for 2023: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,260 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 1 year on file its reported administrative ratio rose from 0.21% to 0.24%. 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 District of Columbia (349th of 618), and 1,642nd of 3,091 in educational services. In 2023, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,587,286
Participants with balances306
Active participants165
Employer contributions$372,895
Employee contributions$609,901
Employer contribution per active participant$2,260
Average account balance$60,743
Benefits paid to participants$1,814,932
Plan auditUnmodified (clean) audit opinion
AuditorGELMAN, ROSENBERG & FREEDMAN
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $320K emplr
2023$18.6M · 306 accts · $373K emplr
2022$16.3M · 298 accts · $342K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$42,687
Total administrative$42,687
Employer contributions to the The Field School, Inc. plan · 2023
Employer contribution per active participant$2,260
Median for plans this size$2,440
2023$2,260 per active participant
2022$2,218 per active participant

The Field School, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
TIAA$42,987

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

Administrative cost history3
2024Not separately reported
2023$42,687 · 0.24%
2022$38,219 · 0.21%
Similar plansEducational Services · District of Columbia
Edmund Burke School DC$20.6M · 0.28%
Sheridan School, Inc. DC$19.5M · 0.00%
Lowell School, Inc. DC$18.7M · 0.25%
Population Reference Bureau DC$18.6M · 0.01%
Capitol Hill Day School DC$17.9M · 0.08%
Digital Promise DC$15.3M · 0.20%
The River School DC$14.1M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520960218 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.