Plan Ledger DOL Form 5500 · updated monthly

A Step Up Academy403(b)

A STEP UP ACADEMY 403(B) PLAN · JENKINTOWN, PA · plan year 2023

Reported admin expense ratio · 2023
2.61%

A Step Up Academy reported $8,785 in plan administrative expenses for 2023: 2.61% of average plan assets, higher than ~75% of peers. 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 under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Pennsylvania (3,588th of 3,651), and 3,055th of 3,091 in educational services.

Plan summary
Net assets, end of year$351,631
Participants with balances99
Active participants119
Employer contributions—
Employee contributions$141,827
Employer contribution per active participant—
Average account balance$3,552
Benefits paid to participants$182,958
Plan auditUnmodified (clean) audit opinion
AuditorBOWMAN & COMPANY LLP
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,840
Investment management$1,945
Total administrative$8,785
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 · 20232
THE VANGUARD GROUP, INC. · Recordkeeping$6,840
UBS FINANCIAL SERVICES INC. · Investment advisory (plan)$1,945

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2023$8,785 · 2.61%
Similar plansEducational Services · Pennsylvania
Faith Christian Academy PA$1.0M · 1.04%
Educationworks Inc. PA$804K · 0.10%
Pennco Institutes, Inc. PA$494K · 2.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462346137 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.