Plan Ledger DOL Form 5500 · updated monthly

The St. Paul's Schools 403(B) Retirement Plan403(b)

THE ST. PAUL'S SCHOOLS 403(B) RETIREMENT PLAN · BROOKLANDVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

The St. Paul's Schools 403(B) Retirement Plan reported $151,434 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $3,824 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 0.08% to 0.19%. 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 200th-largest of 1,671 plans among Maryland employers on file, and the 624th of 3,091 in educational services. In 2024, employees put in $1.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$83,746,663
Participants with balances801
Active participants418
Employer contributions$1,598,284
Employee contributions$1,969,242
Employer contribution per active participant$3,824
Average account balance$104,553
Benefits paid to participants$7,867,640
Plan auditUnmodified (clean) audit opinion
AuditorWEYRICH, CRONIN & SORRA
Plan history3
Yearassets · accounts · employer contribution
2024$83.7M · 801 accts · $1.6M emplr
2023$79.5M · 795 accts · $1.5M emplr
2022$68.2M · 777 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$146,397
Total administrative$151,434
Employer contributions to the The St. Paul's Schools 403(B) Retirement Plan plan · 2024
Employer contribution per active participant$3,824
Median for plans this size$3,635
2024$3,824 per active participant
2023$3,659 per active participant
2022$3,710 per active participant

The St. Paul's Schools 403(B) Retirement Plan'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 · 20243
TIAA$84,542
RBC WEALTH MANAGEMENT · Investment advisory (plan)$36,500
NEW PINACLE CONSULTING GROUP, LLC · Consulting$12,756

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$151,434 · 0.19%
2023$75,385 · 0.10%
2022$62,599 · 0.08%
Same employer
Similar plansEducational Services · Maryland
Washington College MD$103.7M · 0.07%
Salisbury House, LLC MD$62.9M · 0.37%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 824860014 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.