Plan Ledger DOL Form 5500 · updated monthly

Carlthorp School401(k)

CARLTHORP SCHOOL 401(K) PLAN · SANTA MONICA, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Carlthorp School reported $1,660 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,590 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 1 year on file its reported administrative ratio fell from 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 4,064th-largest of 9,483 plans among California employers on file, and 1,715th of 3,091 in educational services. In 2024, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,984,074
Participants with balances126
Active participants72
Employer contributions$402,481
Employee contributions$568,953
Employer contribution per active participant$5,590
Average account balance$134,794
Benefits paid to participants$2,049,648
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$17.0M · 126 accts · $402K emplr
2023$16.2M · 127 accts · $400K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,660
Total administrative$1,660
The Carlthorp School 401(k) match · 2024
Employer contribution per active participant$5,590
Median for plans this size$2,416
2024$5,590 per active participant
2023$5,400 per active participant

Carlthorp School's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$1,660

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history2
2024$1,660 · 0.01%
2023$3,690 · 0.02%
Similar plansEducational Services · California
Laguna Blanca School CA$17.3M · 0.14%
Childrens Day School CA$17.0M · 0.04%
Dunn School CA$17.0M · 0.02%
Idyllwild Arts Foundation CA$16.9M · 0.04%
Phillips Brooks School CA$16.5M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953512203 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.