Plan Ledger DOL Form 5500 · updated monthly

Carmen High School of Science and Technology Inc.403(b)

CARMEN HIGH SCHOOL 403(B) PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Carmen High School of Science and Technology Inc. reported $5,804 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,281 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 rose from 0.11% to 0.13%. 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 Wisconsin (1,641st of 1,936), and 2,529th of 3,091 in educational services. In 2024, employees put in $1.72 for every $1.00 the employer contributed; active participation has shrunk from 271 to 195 since 2022.

Plan summary
Net assets, end of year$4,811,569
Participants with balances120
Active participants195
Employer contributions$249,831
Employee contributions$430,154
Employer contribution per active participant$1,281
Average account balance$40,096
Benefits paid to participants$234,680
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 120 accts · $250K emplr
2023$3.9M · 189 accts · $249K emplr
2022$2.6M · 156 accts · $85K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,804
Total administrative$5,804
Employer contributions to the Carmen High School of Science and Technology Inc. plan · 2024
Employer contribution per active participant$1,281
Median for plans this size$1,313
2024$1,281 per active participant
2023$1,081 per active participant
2022$315 per active participant

Carmen High School of Science and Technology Inc.'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
NATIONWIDE · Investment advisory (plan)$500

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$5,804 · 0.13%
2023$4,369 · 0.12%
2022$3,022 · 0.11%
Similar plansEducational Services · Wisconsin
Open Sky Education, Inc. WI$8.7M · 1.01%
Chileda Institute, Inc. WI$4.9M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562569203 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.