Plan Ledger DOL Form 5500 · updated monthly

Trustees of Deerfield Academy403(b)

TRUSTEES OF DEERFIELD ACADEMY DEFINED CONTRIBUTION RETIREMENT PLAN · DEERFIELD, MA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Trustees of Deerfield Academy reported $80,966 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,284 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 0.045% to 0.054%. 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 319th-largest of 2,726 plans among Massachusetts employers on file, and the 346th of 3,091 in educational services. In 2024, the employer put in $1.16 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$156,499,373
Participants with balances995
Active participants405
Employer contributions$2,949,924
Employee contributions$2,545,857
Employer contribution per active participant$7,284
Average account balance$157,286
Benefits paid to participants$7,189,317
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$156.5M · 995 accts · $2.9M emplr
2023$142.7M · 981 accts · $3.2M emplr
2022$127.4M · 943 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,466
Investment management$18,000
Audit (IQPA)$11,500
Total administrative$80,966
Employer contributions to the Trustees of Deerfield Academy plan · 2024
Employer contribution per active participant$7,284
Median for plans this size$3,635
2024$7,284 per active participant
2023$7,528 per active participant
2022$7,921 per active participant

Trustees of Deerfield Academy's 2024 employer contribution ran above the $3,635 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 · 20243
TIAA- TEACHERS INSURANCE AND ANNUIT · Recordkeeping · Custodial$49,916
KESTRA ADVISORY SERVICES, LLC · Investment advisory (participants) · Investment advisory (plan)$18,000
CARON & BLETZER, PLLC · Accounting / audit$11,500

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$80,966 · 0.05%
2023$62,325 · 0.05%
2022$55,559 · 0.05%
Same employer
Similar plansEducational Services · Massachusetts
Lesley University MA$196.0M · 0.09%
Merrimack College MA$184.6M · 0.06%
Milton Academy MA$155.8M · 0.09%
McPhs University MA$150.2M · 0.06%
Assumption University MA$146.2M · 0.13%
Noble and Greenough School MA$144.5M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 042103563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.