Plan Ledger DOL Form 5500 · updated monthly

Wilmington Friends School, Inc.Profit-sharing plan

WILMINGTON FRIENDS SCHOOL 403(B) RETIREMENT PLAN · WILMINGTON, DE · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Wilmington Friends School, Inc. reported $90,091 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $4,742 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 0.11% to 0.17%. 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 55th-largest of 242 plans among Delaware employers on file, and the 859th of 3,091 in educational services. In 2024, employees put in $1.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$54,536,046
Participants with balances395
Active participants147
Employer contributions$697,016
Employee contributions$701,804
Employer contribution per active participant$4,742
Average account balance$138,066
Benefits paid to participants$5,180,946
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$54.5M · 395 accts · $697K emplr
2023$52.0M · 412 accts · $677K emplr
2022$47.2M · 413 accts · $660K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,091
Total administrative$90,091
Employer contributions to the Wilmington Friends School, Inc. plan · 2024
Employer contribution per active participant$4,742
Median for plans this size$3,635
2024$4,742 per active participant
2023$4,868 per active participant
2022$4,715 per active participant

Wilmington Friends School, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20243
BIDDLE CAPITAL MANAGEMENT, INC · Investment advisory (plan)$45,609
TIAA · Contract administrator$29,631
PENTEGRA SERVICES, INC. · Plan administrator$15,351

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$90,091 · 0.17%
2023$62,521 · 0.13%
2022$56,320 · 0.11%
Same employer
Similar plansEducational Services · Delaware
Wilmington University, Inc. DE$118.3M · 0.12%
Tower Hill School DE$64.7M · 0.09%
The Tatnall School, Inc DE$42.0M · 0.00%
Sanford School DE$31.9M · 0.22%
Goldey-Beacom College, Inc. DE$25.1M · 0.10%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 510064310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.