Plan Ledger DOL Form 5500 · updated monthly

Woodlynde School403(b)

WOODLYNDE SCHOOL RETIREMENT PLAN · STRAFFORD, PA · plan year 2024

Employer contribution per participant · 2024
$2,271

Woodlynde School's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $14,636,509 across 220 participant accounts, with employer contributions averaging $2,271 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 among the smaller plans on file in Pennsylvania (1,884th of 3,651), and 1,829th of 3,091 in educational services. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has shrunk from 94 to 74 since 2022.

Plan summary
Net assets, end of year$14,636,509
Participants with balances220
Active participants74
Employer contributions$168,059
Employee contributions$305,531
Employer contribution per active participant$2,271
Average account balance$66,530
Benefits paid to participants$464,512
Plan auditUnmodified (clean) audit opinion
AuditorBERKOWITZ & BERKOWITZ CPAS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 220 accts · $168K emplr
2023$12.9M · 215 accts · $162K emplr
2022$13.2M · 213 accts · $164K emplr
Employer contributions to the Woodlynde School plan · 2024
Employer contribution per active participant$2,271
Median for plans this size$2,416
2024$2,271 per active participant
2023$1,878 per active participant
2022$1,745 per active participant

Woodlynde School's 2024 employer contribution ran below 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Similar plansEducational Services · Pennsylvania
Lancaster Bible College PA$17.6M · 0.01%
Goddard Systems, Inc. PA$15.0M · 0.42%
Friendship Academy PA$13.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231728281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.