The New Community School Foundation403(b)
THE NEW COMMUNITY SCHOOL 403(B) DC PLAN · RICHMOND, VA · plan year 2024
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
The New Community School Foundation reported $16,686 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $3,443 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 0.11% to 0.15%. 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 among the smaller plans on file in Virginia (1,372nd of 2,266), and 2,007th of 3,091 in educational services. In 2024, employees put in $1.05 for every $1.00 the employer contributed; active participation has grown from 69 to 82 since 2022.
The New Community School Foundation'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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 540973221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.