Plan Ledger DOL Form 5500 · updated monthly

The Wellington School403(b)

WELLINGTON SCHOOL DC RETIREMENT PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

The Wellington School reported $45,729 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $3,523 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 0.21%. 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 1,210th-largest of 3,295 plans among Ohio employers on file, and the 1,496th of 3,091 in educational services. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,796,683
Participants with balances240
Active participants134
Employer contributions$472,135
Employee contributions$739,256
Employer contribution per active participant$3,523
Average account balance$94,986
Benefits paid to participants$2,412,904
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.8M · 240 accts · $472K emplr
2023$21.3M · 245 accts · $442K emplr
2022$18.9M · 248 accts · $381K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,729
Total administrative$45,729
Employer contributions to the The Wellington School plan · 2024
Employer contribution per active participant$3,523
Median for plans this size$2,416
2024$3,523 per active participant
2023$3,301 per active participant
2022$2,907 per active participant

The Wellington School'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
MMA SECURITIES LLC · Investment advisory (plan)$38,433

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$45,729 · 0.21%
2023$36,605 · 0.18%
2022$15,782 · 0.08%
Same employer
Similar plansEducational Services · Ohio
Lake Erie College OH$23.0M · 0.02%
The Miami Valley School OH$20.2M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310977200 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.