# The Independence School, INC. 403(b) Plan
Source: https://planprovider.pro/companies/the-independence-school-inc-403b-plan

> The Independence School, INC.'s 403(b) plan: 121 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** The Independence School, INC.

- **Sponsor EIN:** 510225189

- **Sponsor Address:** 1300 PAPER MILL ROAD, NEWARK, DE, 197113408

- **Plan Type:** 403(b)

- **Total Participants:** 121

- **Total Assets:** $22.7M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|121|$22.7M|$244,838|$413,290|

| 2023|123|$21.4M|$191,278|$407,092|

| 2022|94|$18.9M|$182,296|$364,637|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| THE VANGUARD GROUP|RECORDKEEPER|$41,098|—|$41,098|

| TIAA|RECORDKEEPER|$37,510|—|$37,510|

| BELFINT, LYONS, & SHUMAN, P.A.|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [TIAA](https://planprovider.pro/provider/tiaa-teachers-insurance-and-annuity-association-of-america-college-retirement-equities-fund) — RECORDKEEPER

- [BELFINT, LYONS, & SHUMAN, P.A.](https://planprovider.pro/provider/belfint-lyons-and-shuman-pa) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $78,608

- **Estimated Expense Ratio:** 0.346% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$79,608|$1,000|$78,608|—|—|

| 2023|$35,642|$35,642|—|—|—|

| 2022|$33,696|—|—|—|$33,696|

## Similar Plans

- [The Tatnall School, INC](https://planprovider.pro/companies/the-tatnall-school-inc-403b-plan) — 115 participants

- [Wilmington Friends School, INC.](https://planprovider.pro/companies/wilmington-friends-school-inc-plan) — 147 participants

- [Goldey-Beacom College, INC.](https://planprovider.pro/companies/goldey-beacom-college-inc-403b-plan) — 161 participants

- [Tower Hill School](https://planprovider.pro/companies/tower-hill-school-403b-plan) — 167 participants

- [Zearn](https://planprovider.pro/companies/zearn-401k-plan) — 185 participants

- [St. Andrew'S School Of Delaware, INC.](https://planprovider.pro/companies/st-andrew-s-school-of-delaware-inc-403b-plan) — 189 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/the-independence-school-inc-403b-plan)

© 2026 PlanProvider.Pro