Plan Ledger DOL Form 5500 · updated monthly

The Steward School Corporation403(b)

THE STEWARD SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

The Steward School Corporation reported $60,250 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $3,686 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 0.30%. 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 949th-largest of 2,266 plans among Virginia employers on file, and 1,552nd of 3,091 in educational services. In 2024, employees put in $1.42 for every $1.00 the employer contributed; active participation has shrunk from 285 to 137 since 2022.

Plan summary
Net assets, end of year$21,438,657
Participants with balances277
Active participants137
Employer contributions$505,027
Employee contributions$716,720
Employer contribution per active participant$3,686
Average account balance$77,396
Benefits paid to participants$1,203,412
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.4M · 277 accts · $505K emplr
2023$19.3M · 281 accts · $514K emplr
2022$17.0M · 285 accts · $458K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,250
Total administrative$60,250
Employer contributions to the The Steward School Corporation plan · 2024
Employer contribution per active participant$3,686
Median for plans this size$2,416
2024$3,686 per active participant
2023$3,646 per active participant
2022$1,607 per active participant

The Steward School Corporation'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 · Recordkeeping · Custodial (securities)$30,997
ONEDIGITAL INVESTMENT ADVISORS · Pension consulting · Investment advisory (participants)$29,478

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

Recordkeeper by year2
2024ONEDIGITAL INVESTMENT ADVISORS, TIAA
2023ONEDIGITAL INVESTMENT ADVISORS, TIAA

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

Administrative cost history3
2024$60,250 · 0.30%
2023$51,644 · 0.28%
2022$46,120 · 0.29%
Same employer
Similar plansEducational Services · Virginia
Foxcroft School VA$23.0M · 0.18%
Pansophic Learning US LLC VA$22.7M · 0.13%
Christendom College VA$20.6M · 0.11%
Grafton School Incorporated VA$20.3M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540914765 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.