Plan Ledger DOL Form 5500 · updated monthly

The Seven Hills School403(b)

THE SEVEN HILLS SCHOOL RETIREMENT PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

The Seven Hills School reported $50,806 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $4,172 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 0.00% to 0.08%. 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 524th-largest of 3,295 plans among Ohio employers on file, and the 759th of 3,091 in educational services. In 2024, employees put in $1.26 for every $1.00 the employer contributed; active participation has grown from 194 to 218 since 2022.

Plan summary
Net assets, end of year$64,897,508
Participants with balances445
Active participants218
Employer contributions$909,544
Employee contributions$1,143,708
Employer contribution per active participant$4,172
Average account balance$145,837
Benefits paid to participants$3,724,536
Plan auditUnmodified (clean) audit opinion
AuditorMELLOTT & MELLOTT, PLL
Plan history3
Yearassets · accounts · employer contribution
2024$64.9M · 445 accts · $910K emplr
2023$59.6M · 463 accts · $856K emplr
2022$53.0M · 457 accts · $789K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,324
Audit (IQPA)$12,850
Total administrative$50,806
Employer contributions to the The Seven Hills School plan · 2024
Employer contribution per active participant$4,172
Median for plans this size$3,635
2024$4,172 per active participant
2023$4,216 per active participant
2022$4,068 per active participant

The Seven Hills 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 · 20244
TIAA$29,324
MELLOTT & MELLOTT, PLL · Accounting / audit$12,850
NEW PINNACLE CONSULTING GROUP, LLC · Consulting$4,432
PLANPILOT, LLC · Consulting$4,200

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$50,806 · 0.08%
2023$39,977 · 0.07%
2022$753 · 0.00%
Same employer
Similar plansEducational Services · Ohio
Marietta College OH$81.8M · 0.08%
University School OH$77.8M · 0.04%
Mount St. Joseph University OH$67.6M · 0.08%
Hiram College OH$63.4M · 0.10%
Walsh University, Inc. OH$60.7M · 0.20%
Hathaway Brown School OH$51.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310536666 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.