Plan Ledger DOL Form 5500 · updated monthly

The Webb Schools403(b)

THE WEBB SCHOOLS TAX-DEFERRED ANNUITY AND DEFINED CONTRIBUTION RETIREMENT PLAN · CLAREMONT, CA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

The Webb Schools reported $40,718 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,561 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 0.115%. 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 2,294th-largest of 9,483 plans among California employers on file, and the 1,139th of 3,091 in educational services. In 2024, the employer put in $1.24 for every $1.00 employees contributed themselves; active participation has shrunk from 193 to 139 since 2022.

Plan summary
Net assets, end of year$36,469,088
Participants with balances387
Active participants139
Employer contributions$911,927
Employee contributions$733,068
Employer contribution per active participant$6,561
Average account balance$94,235
Benefits paid to participants$3,510,646
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.5M · 387 accts · $912K emplr
2023$34.4M · 387 accts · $893K emplr
2022$30.8M · 383 accts · $808K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,718
Total administrative$40,718
Employer contributions to the The Webb Schools plan · 2024
Employer contribution per active participant$6,561
Median for plans this size$2,416
2024$6,561 per active participant
2023$6,161 per active participant
2022$4,184 per active participant

The Webb Schools's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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$33,739
MORGAN STANLEY · Investment advisory (plan)$7,729

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$40,718 · 0.11%
2023$36,124 · 0.11%
2022$37,828 · 0.11%
Same employer
Similar plansEducational Services · California
The Archer School for Girls CA$37.3M · 0.21%
The Hamlin School CA$37.3M · 0.15%
Kipp Foundation CA$37.0M · 0.09%
San Francisco Day School CA$35.5M · 0.05%
San Domenico School CA$34.9M · 0.30%
The Colburn School CA$34.1M · 0.03%
Palo Alto University, Inc CA$34.0M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951856591 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.