Plan Ledger DOL Form 5500 · updated monthly

The Gordon School403(b)

THE GORDON SCHOOL 403(B) RETIREMENT PLAN · EAST PROVIDENCE, RI · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

The Gordon School reported $51,804 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $3,108 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 0.22% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 112th-largest of 286 plans among Rhode Island employers on file, and the 1,490th of 3,091 in educational services. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,840,148
Participants with balances237
Active participants83
Employer contributions$257,968
Employee contributions$419,155
Employer contribution per active participant$3,108
Average account balance$96,372
Benefits paid to participants$1,536,720
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.8M · 237 accts · $258K emplr
2023$21.4M · 230 accts · $260K emplr
2022$19.8M · 228 accts · $245K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,804
Total administrative$51,804
Employer contributions to the The Gordon School plan · 2024
Employer contribution per active participant$3,108
Median for plans this size$2,416
2024$3,108 per active participant
2023$3,249 per active participant
2022$3,143 per active participant

The Gordon School's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
BLACK POINT WEALTH MGMT - J HARRIS · Investment advisory (plan)$17,317
CARON & BLETZER, PLLC · Accounting / audit$9,145
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$5,366

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

Administrative cost history3
2024$51,804 · 0.23%
2023$45,497 · 0.22%
2022$46,762 · 0.22%
Similar plansEducational Services · Rhode Island
The Wheeler School RI$70.3M · 0.11%
St. George's School RI$58.8M · 0.04%
Lincoln School RI$31.5M · 0.15%
Harmony Hill School, Inc. RI$3.0M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050258876 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.