Plan Ledger DOL Form 5500 · updated monthly

Arizona Charter Solutions401(k)

ARIZONA CHARTER SOLUTIONS 401K PLAN · GILBERT, AZ · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Arizona Charter Solutions reported $5,900 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,104 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 3 years on file its reported administrative ratio has held roughly steady near 0.138%. 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 Arizona (868th of 1,285), and 2,560th of 3,091 in educational services. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,537,068
Participants with balances346
Active participants274
Employer contributions$302,436
Employee contributions$558,600
Employer contribution per active participant$1,104
Average account balance$13,113
Benefits paid to participants$791,040
Plan auditUnmodified (clean) audit opinion
AuditorFESTER & CHAPMAN, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 346 accts · $302K emplr
2023$4.0M · 331 accts · $304K emplr
2022$2.8M · 297 accts · $293K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,300
Total administrative$5,900
The Arizona Charter Solutions 401(k) match · 2024
Employer contribution per active participant$1,104
Median for plans this size$1,313
2024$1,104 per active participant
2023$1,027 per active participant
2022$963 per active participant

Arizona Charter Solutions'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
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$5,900 · 0.14%
2023$4,350 · 0.13%
2022$3,750 · 0.14%
Similar plansEducational Services · Arizona
Issa, LLC AZ$5.9M · 0.76%
Valley Christian Schools AZ$5.0M · 1.04%
P.P.E.P., Inc. AZ$4.2M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452665218 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.