How much does Community Strategies, Inc. dba Epic Charter Schools contribute to its 403(b)?

In 2022, employer contributions to the Community Strategies, Inc. dba Epic Charter Schools plan averaged $0 per active participant, below the $331 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Community Strategies, Inc. dba Epic Charter Schools 401(k)?

The average participant account balance was $15,500 for plan year 2022, based on 59 accounts.

Community Strategies, Inc. dba Epic Charter Schools403(b)

Name: Community Strategies, Inc. dba Epic Charter Schools 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

EPIC CHARTER SCHOOLS 403(B) PLAN · OKLAHOMA CITY, OK · plan year 2022

Employer contribution per participant · 2022

Community Strategies, Inc. dba Epic Charter Schools's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $914,509 across 59 participant accounts, with employer contributions averaging $0 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Oklahoma (686th of 724), and 2,990th of 3,091 in educational services.

Plan summary
Net assets, end of year$914,509
Participants with balances59
Active participants1,678
Employer contributions$0
Employee contributions$327,826
Employer contribution per active participant$0
Average account balance$15,500
Benefits paid to participants$27,964
Plan auditUnmodified (clean) audit opinion
AuditorSMITH. CARNEY, & CO., P.C.

Employer contributions to the Community Strategies, Inc. dba Epic Charter Schools plan · 2022

Employer contribution per active participant$0

Median for plans this size$331

Community Strategies, Inc. dba Epic Charter Schools's 2022 employer contribution ran below the $331 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.

Similar plansEducational Services · Oklahoma
Aerospace Science and Technology Center, Inc. OK$2.6M · 2.26%
Fscx, Inc. OK$2.4M · 0.17%
Christian Heritage Academy OK$2.2M
Community Highered Institute OK$1.4M · 0.46%
Cupeyville School, Inc PR$927K
Ohio Technical College, Inc. OH$925K · 0.03%
Lewis Clark Early Childhood Program Inc. ID$923K · 0.11%
Champion Education Network MI$921K · 0.30%

Why are you looking at this plan?

Compare
401(k) plans in Oklahoma
Worked here before? Find your old 401(k)
401(k) plans in Educational Services
Plans of similar size
Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 202774826 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.