Plan Ledger DOL Form 5500 · updated monthly

Citizen Schools, Inc.403(b)

CITIZEN SCHOOLS, INC. 403(B) RETIREMENT PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Citizen Schools, Inc. reported $11,593 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $132 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 0.207%. 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 Massachusetts (2,241st of 2,726), and 2,432nd of 3,091 in educational services. In 2024, employees put in $2.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,953,545
Participants with balances367
Active participants242
Employer contributions$31,831
Employee contributions$73,241
Employer contribution per active participant$132
Average account balance$16,222
Benefits paid to participants$282,844
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 367 accts · $32K emplr
2023$5.2M · 384 accts · $35K emplr
2022$4.7M · 395 accts · $35K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,593
Total administrative$11,593
Employer contributions to the Citizen Schools, Inc. plan · 2024
Employer contribution per active participant$132
Median for plans this size$1,313
2024$132 per active participant
2023$133 per active participant
2022$141 per active participant

Citizen Schools, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
TIAA · Recordkeeping · Pension consulting$11,593

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$11,593 · 0.21%
2023$9,802 · 0.20%
2022$12,348 · 0.21%
Similar plansEducational Services · Massachusetts
Milestones, Inc MA$6.1M · 0.16%
The Whitney Academy, Inc. MA$5.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043259160 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.