Plan Ledger DOL Form 5500 · updated monthly

The Schenck School, Inc.403(b)

THE SCHENCK SCHOOL RETIREMENT PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

The Schenck School, Inc. reported $300 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,015 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 0.001% to 0.002%. 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 908th-largest of 2,160 plans among Georgia employers on file, and 1,640th of 3,091 in educational services. In 2024, employees put in $1.47 for every $1.00 the employer contributed; active participation has shrunk from 114 to 102 since 2022.

Plan summary
Net assets, end of year$18,627,984
Participants with balances173
Active participants102
Employer contributions$409,575
Employee contributions$602,118
Employer contribution per active participant$4,015
Average account balance$107,676
Benefits paid to participants$2,511,378
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.6M · 173 accts · $410K emplr
2023$17.8M · 167 accts · $384K emplr
2022$16.2M · 168 accts · $399K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$300
Total administrative$300
Employer contributions to the The Schenck School, Inc. plan · 2024
Employer contribution per active participant$4,015
Median for plans this size$2,416
2024$4,015 per active participant
2023$3,955 per active participant
2022$3,502 per active participant

The Schenck 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 · 20241
TIAA$300

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$300 · 0.00%
2023$250 · 0.00%
2022Not separately reported
Similar plansEducational Services · Georgia
Stratford Academy, Inc. GA$20.6M · 0.11%
George Walton Academy, Inc GA$18.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580958208 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.