Plan Ledger DOL Form 5500 · updated monthly

After School Matters403(b)

AFTER SCHOOL MATTERS ERISA 403(B) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

After School Matters reported $15,370 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,025 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.

Across the 2 years on file its reported administrative ratio fell from 0.50% to 0.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Illinois (2,808th of 3,702), and 2,403rd of 3,091 in educational services. In 2024, employees put in $2.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,259,875
Participants with balances163
Active participants192
Employer contributions$196,761
Employee contributions$541,957
Employer contribution per active participant$1,025
Average account balance$38,404
Benefits paid to participants$284,271
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 163 accts · $197K emplr
2023$5.3M · 158 accts · $283K emplr
2022$4.1M · 150 accts · $153K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,370
Total administrative$15,370
Employer contributions to the After School Matters plan · 2024
Employer contribution per active participant$1,025
Median for plans this size$1,313
2024$1,025 per active participant
2023$1,571 per active participant
2022$857 per active participant

After School Matters's 2024 employer contribution ran below the $1,313 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ASCENSUS LLC · Recordkeeping$15,370

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$15,370 · 0.27%
2023$22,057 · 0.47%
2022$17,638 · 0.50%
Same employer
Similar plansEducational Services · Illinois
Timothy Christian Schools IL$6.3M · 0.02%
Depaul College Prep IL$5.9M · 0.01%
Sertoma Centre Inc. IL$5.8M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364409182 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.