Plan Ledger DOL Form 5500 · updated monthly

The Pike School, Inc.403(b)

THE PIKE SCHOOL, INC. RETIREMENT PLAN · ANDOVER, MA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

The Pike School, Inc. reported $45,879 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,357 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 0.13%. 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 889th-largest of 2,726 plans among Massachusetts employers on file, and the 1,160th of 3,091 in educational services. In 2024, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,456,207
Participants with balances241
Active participants142
Employer contributions$476,635
Employee contributions$672,232
Employer contribution per active participant$3,357
Average account balance$147,121
Benefits paid to participants$2,539,259
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.5M · 241 accts · $477K emplr
2023$32.8M · 237 accts · $488K emplr
2022$28.1M · 238 accts · $455K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,381
Investment management$1,460
Total administrative$45,879
Employer contributions to the The Pike School, Inc. plan · 2024
Employer contribution per active participant$3,357
Median for plans this size$2,416
2024$3,357 per active participant
2023$3,535 per active participant
2022$3,325 per active participant

The Pike School, Inc.'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 · 20242
TIAA$16,953
CARON & BLETZER, PLLC · Accounting / audit$13,000

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$45,879 · 0.13%
2023$45,981 · 0.15%
2022$43,634 · 0.14%
Similar plansEducational Services · Massachusetts
American Student Assistance MA$38.2M · 0.01%
Boston Higashi School, Inc MA$36.9M · 0.01%
The Carroll School MA$34.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042104832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.