Plan Ledger DOL Form 5500 · updated monthly

World Education, Inc.403(b)

WORLD EDUCATION,INC. TAX SHELTERED ANNUITY PROGRAM · BOSTON, MA · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

World Education, Inc. reported $1,600 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,444 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,537th of 2,726), and 6,490th of 11,654 in professional & technical services. In 2022, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,354,804
Participants with balances211
Active participants65
Employer contributions$353,877
Employee contributions$547,211
Employer contribution per active participant$5,444
Average account balance$72,772
Benefits paid to participants$3,551,750
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$15.4M · 211 accts · $354K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,600
Total administrative$1,600
Employer contributions to the World Education, Inc. plan · 2022
Employer contribution per active participant$5,444
Median for plans this size$2,266

World Education, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$1,600 · 0.01%
Similar plansProfessional & Technical Services · Massachusetts
Jobcase, Inc. MA$16.0M · 0.01%
Vecna Robotics, Inc. MA$16.0M · 0.15%
Captivate, LLC MA$15.5M · 0.27%
Woods Hole Group MA$15.4M · 0.33%
Allen & Gerritsen, Inc. MA$15.2M · 0.35%
Insight Service Group Inc MA$14.9M · 2.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131804349 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.