Plan Ledger DOL Form 5500 · updated monthly

Virginia Episcopal School403(b)

VIRGINIA EPISCOPAL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · LYNCHBURG, VA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Virginia Episcopal School reported $17,899 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,970 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 0.09% to 0.11%. 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 1,102nd-largest of 2,266 plans among Virginia employers on file, and 1,722nd of 3,091 in educational services. In 2024, the employer put in $1.20 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$16,883,592
Participants with balances217
Active participants83
Employer contributions$412,519
Employee contributions$343,446
Employer contribution per active participant$4,970
Average account balance$77,805
Benefits paid to participants$487,703
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.9M · 217 accts · $413K emplr
2023$14.7M · 216 accts · $381K emplr
2022$12.1M · 210 accts · $348K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,717
Investment management$5,436
Total administrative$17,899
Employer contributions to the Virginia Episcopal School plan · 2024
Employer contribution per active participant$4,970
Median for plans this size$2,416
2024$4,970 per active participant
2023$4,486 per active participant
2022$4,526 per active participant

Virginia Episcopal School'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$11,942
FLEXPATH STRATEGIES, LLC · Investment advisory (plan)$5,436

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$17,899 · 0.11%
2023$13,174 · 0.10%
2022$11,730 · 0.09%
Similar plansEducational Services · Virginia
Hampton Roads Academy VA$17.1M · 0.15%
Child Care Aware of America VA$15.7M · 0.36%
Employment Services, Inc. VA$14.2M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540506431 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.