Plan Ledger DOL Form 5500 · updated monthly

The Peddie School403(b)

PEDDIE SCHOOL 403(B) TDA & DC PLAN · HIGHTSTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

The Peddie School reported $30,826 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,800 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 fell from 0.06% to 0.04%. 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 404th-largest of 2,419 plans among New Jersey employers on file, and the 594th of 3,091 in educational services. In 2024, employees put in $1.06 for every $1.00 the employer contributed; active participation has shrunk from 322 to 251 since 2022.

Plan summary
Net assets, end of year$87,794,083
Participants with balances530
Active participants251
Employer contributions$1,455,704
Employee contributions$1,545,563
Employer contribution per active participant$5,800
Average account balance$165,649
Benefits paid to participants$5,330,045
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$87.8M · 530 accts · $1.5M emplr
2023$79.4M · 526 accts · $1.4M emplr
2022$69.3M · 523 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,826
Total administrative$30,826
Employer contributions to the The Peddie School plan · 2024
Employer contribution per active participant$5,800
Median for plans this size$3,635
2024$5,800 per active participant
2023$4,173 per active participant
2022$4,071 per active participant

The Peddie School's 2024 employer contribution ran above the $3,635 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 · 20242
TIAA - CREF · Contract administrator · Recordkeeping$31,117
FLEXPATH STRATEGIES, LLC · Consulting · Investment advisory (plan)$27,858

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

Recordkeeper by year2
2024TIAA
2023TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$30,826 · 0.04%
2023$20,255 · 0.03%
2022$46,574 · 0.06%
Same employer
Similar plansEducational Services · New Jersey
The University of the Arts NJ$99.1M · 0.06%
Dwight-Englewood School NJ$90.2M · 0.06%
The Pingry Corporation NJ$80.7M · 0.02%
Kent Place School NJ$79.3M · 0.04%
Blair Academy NJ$78.3M · 0.16%
Saint Peter's University NJ$76.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210634492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.