Plan Ledger DOL Form 5500 · updated monthly

The Philadelphia School403(b)

THE PHILADELPHIA SCHOOL 403(B) DC PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

The Philadelphia School reported $83,478 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $2,906 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 0.38% to 0.43%. 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 1,507th-largest of 3,651 plans among Pennsylvania employers on file, and 1,572nd of 3,091 in educational services. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has grown from 89 to 118 since 2022.

Plan summary
Net assets, end of year$20,751,457
Participants with balances210
Active participants118
Employer contributions$342,943
Employee contributions$552,864
Employer contribution per active participant$2,906
Average account balance$98,816
Benefits paid to participants$794,317
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.8M · 210 accts · $343K emplr
2023$18.3M · 204 accts · $305K emplr
2022$16.7M · 205 accts · $290K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,275
Investment management$81,203
Total administrative$83,478
Employer contributions to the The Philadelphia School plan · 2024
Employer contribution per active participant$2,906
Median for plans this size$2,416
2024$2,906 per active participant
2023$3,053 per active participant
2022$3,253 per active participant

The Philadelphia 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 · 20241
NORTHEAST FINANCIAL GROUP · Recordkeeping · Investment management$36,880

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

Recordkeeper by year2
2024NORTHEAST FINANCIAL GROUP
2023NORTHEAST FINANCIAL GROUP

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

Administrative cost history3
2024$83,478 · 0.43%
2023$73,084 · 0.42%
2022$69,036 · 0.38%
Similar plansEducational Services · Pennsylvania
Surgent McCoy Cpe, LLC PA$22.5M · 0.08%
Harcum College PA$20.9M · 0.13%
Cairn University PA$20.8M · 0.47%
Lancaster Bible College PA$17.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237091186 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.