The Russian School of Mathematics 401(k) Review & Grade
The Russian School of Mathematics 401(k) Plan
Newton, MAEducational Services750 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,667Employer $ per active participant
$4,869Employee $ saved per active participant
0.50%Direct admin cost, % of plan assets
$30.8MNet plan assets, end of year
$62,051Average balance per account
Score breakdown
- Employer generosity31.8 / 5064th percentile for employer $ per participant
- Low cost5.7 / 2523th percentile for low admin cost vs. same-size plans
- Employee saving11.6 / 1578th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score49 / 100 · Grade C
This plan vs. peers
Peers: Educational Services plans with 500–2,499 active participants (144 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 64th |
| Lower admin cost | 23th |
| Employee saving | 78th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Russian School of Mathematics put in about $1,667 per active participant, more than the typical peer ($1,225). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.50% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,250,034 |
| Participant (employee) contributions | $3,651,825 |
| Other contributions (incl. rollovers in) | $39,884 |
| Administrative expenses paid from the plan | $136,465 |
| Other admin expenses | $136,465 |
| Benefits paid out | $768,811 |
| Net assets, start / end of year | $23.4M / $30.8M |
| Active participants, start / end of year | 751 / 749 |
| Participants with account balances | 496 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Caron & Bletzer, PLLC |
Largest service providers (Schedule C)
| Nationwide | $118,603 reported compensation |
| Equitable Advisors LLC | $48,367 reported compensation |
| Brinker Capital Investments | $14,111 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250825162359NAL0003976531001, received 2025-08-25, EIN 04-3408996, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.