Plan Ledger DOL Form 5500 · updated monthly

Center City Public Charter Schools401(k)

CENTER CITY PCS 401K PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Center City Public Charter Schools reported $90,599 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,166 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 0.03% to 0.46%. 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 among the smaller plans on file in District of Columbia (333rd of 618), and 1,566th of 3,091 in educational services. In 2024, employees put in $1.25 for every $1.00 the employer contributed; active participation has grown from 246 to 271 since 2022.

Plan summary
Net assets, end of year$20,932,853
Participants with balances437
Active participants271
Employer contributions$858,121
Employee contributions$1,071,846
Employer contribution per active participant$3,166
Average account balance$47,901
Benefits paid to participants$1,870,675
Plan auditUnmodified (clean) audit opinion
AuditorCOUNCILOR, BUCHANAN & MITCHELL, PC
Plan history3
Yearassets · accounts · employer contribution
2024$20.9M · 437 accts · $858K emplr
2023$18.3M · 405 accts · $868K emplr
2022$15.4M · 387 accts · $814K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,646
Investment management$56,953
Total administrative$90,599
The Center City Public Charter Schools 401(k) match · 2024
Employer contribution per active participant$3,166
Median for plans this size$2,416
2024$3,166 per active participant
2023$3,390 per active participant
2022$3,309 per active participant

Center City Public Charter Schools's 2024 employer contribution ran above the $2,416 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$63,570
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$27,028
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processingindirect comp

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

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS, OneAmerica
2023OneAmerica

This plan has changed recordkeepers within these filings. If you left Center City Public Charter Schools before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$90,599 · 0.46%
2023$3,996 · 0.02%
2022$4,030 · 0.03%
Same employer
Similar plansEducational Services · District of Columbia
Dc Preparatory Academy DC$23.4M · 0.39%
Childrens Defense Fund DC$20.7M · 0.01%
Edmund Burke School DC$20.6M · 0.28%
Sheridan School, Inc. DC$19.5M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261255738 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.