Plan Ledger DOL Form 5500 · updated monthly

The Ivymount School, Inc.403(b)

THE IVYMOUNT SCHOOL AND PROGRAMS 403(B) PLAN · ROCKVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.33%

The Ivymount School, Inc. reported $79,175 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. 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 0.13% to 0.33%. 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 558th-largest of 1,671 plans among Maryland employers on file, and the 1,431st of 3,091 in educational services.

Plan summary
Net assets, end of year$24,813,754
Participants with balances440
Active participants275
Employer contributions—
Employee contributions$908,598
Employer contribution per active participant—
Average account balance$56,395
Benefits paid to participants$1,570,240
Plan auditUnmodified (clean) audit opinion
AuditorMULLINS P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$24.8M · 440 accts
2023$22.8M · 452 accts
2022$21.1M · 461 accts · $384 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,200
Investment management$24,136
Audit (IQPA)$8,839
Total administrative$79,175
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
LINCOLN NATIONAL CORPORATION · Contract administrator$46,585
SNOWDEN CAPITAL ADVISORS, LLC · Consulting · Investment advisory (plan)$24,136
MULLINS, PC · Accounting / audit$8,839

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$79,175 · 0.33%
2023$50,434 · 0.23%
2022$30,725 · 0.13%
Same employer
Similar plansEducational Services · Maryland
The Foundation Schools MD$28.2M · 0.04%
Washington Episcopal School MD$27.8M · 0.19%
German School MD$26.2M · 0.00%
The Jemicy School MD$25.7M · 0.23%
No Tears Learning, Inc. MD$24.3M · 0.34%
Washington Episcopal School MD$22.7M · 0.10%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 521195527 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.