Plan Ledger DOL Form 5500 · updated monthly

The Hill School403(b)

THE HILL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · POTTSTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

The Hill School reported $107,730 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $7,044 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 3 years on file its reported administrative ratio has held roughly steady near 0.161%. 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 623rd-largest of 3,651 plans among Pennsylvania employers on file, and the 710th of 3,091 in educational services. In 2024, the employer put in $1.27 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$69,909,408
Participants with balances541
Active participants249
Employer contributions$1,753,851
Employee contributions$1,376,362
Employer contribution per active participant$7,044
Average account balance$129,223
Benefits paid to participants$4,270,994
Plan auditUnmodified (clean) audit opinion
AuditorTAIT, WELLER & BAKER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$69.9M · 541 accts · $1.8M emplr
2023$63.8M · 535 accts · $1.6M emplr
2022$55.6M · 533 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,833
Total administrative$107,730
Employer contributions to the The Hill School plan · 2024
Employer contribution per active participant$7,044
Median for plans this size$3,635
2024$7,044 per active participant
2023$6,276 per active participant
2022$5,858 per active participant

The Hill School'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 · 20243
TIAA · Contract administrator$71,257
FIDUCIENT ADVISORS, LLC · Investment advisory (plan)$43,750
TAIT, WELLER & BAKER LLP · Accounting / audit$5,750

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$107,730 · 0.16%
2023$103,484 · 0.17%
2022$95,068 · 0.16%
Same employer
Similar plansEducational Services · Pennsylvania
Westminster College PA$78.2M · 0.02%
Shady Side Academy PA$75.2M · 0.22%
Seton Hill University PA$69.3M · 0.07%
Neumann University PA$63.4M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231352647 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.