Plan Ledger DOL Form 5500 · updated monthly

Wolf Trap Foundation for the Performing Arts403(b)

WOLF TRAP FOUNDATION 403(B) PLAN · VIENNA, VA · plan year 2023

Reported admin expense ratio · 2023
0.42%

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

Wolf Trap Foundation for the Performing Arts reported $74,980 in plan administrative expenses for 2023: 0.42% of average plan assets, above the peer median. Employer contributions averaged $2,132 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 0.28% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other other services employers. By assets it is the 987th-largest of 2,266 plans among Virginia employers on file, and the 1,055th of 3,341 in other services. In 2023, employees put in $2.18 for every $1.00 the employer contributed; active participation has grown from 103 to 176 since 2022.

Plan summary
Net assets, end of year$20,126,139
Participants with balances140
Active participants176
Employer contributions$375,206
Employee contributions$816,879
Employer contribution per active participant$2,132
Average account balance$143,758
Benefits paid to participants$415,998
Plan auditUnmodified (clean) audit opinion
AuditorCLIFTON LARSEN ALLEN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.9M · 140 accts · $392K emplr
2023$20.1M · 140 accts · $375K emplr
2022$16.0M · 133 accts · $339K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$74,980
Total administrative$74,980
Employer contributions to the Wolf Trap Foundation for the Performing Arts plan · 2023
Employer contribution per active participant$2,132
Median for plans this size$2,440
2024$2,141 per active participant
2023$2,132 per active participant
2022$3,291 per active participant

Wolf Trap Foundation for the Performing Arts's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$10,912

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$64,274 · 0.32%
2023$74,980 · 0.42%
2022$48,796 · 0.28%
Same employer
Similar plansOther Services · Virginia
Nami VA$20.9M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237011544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.