Plan Ledger DOL Form 5500 · updated monthly

Crossroads School for Arts and Sciences403(b)

CROSSROADS SCHOOL FOR ARTS AND SCIENCES DEFINED CONTRIBUTION RETIREMENT PLAN · SANTA MONICA, CA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Crossroads School for Arts and Sciences reported $36,360 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,271 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 fell from 0.06% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 1,163rd-largest of 9,483 plans among California employers on file, and the 620th of 3,091 in educational services. In 2024, the employer put in $1.03 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$84,322,279
Participants with balances754
Active participants437
Employer contributions$2,303,367
Employee contributions$2,230,822
Employer contribution per active participant$5,271
Average account balance$111,833
Benefits paid to participants$4,036,857
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$84.3M · 754 accts · $2.3M emplr
2023$74.1M · 646 accts · $2.5M emplr
2022$67.6M · 632 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,360
Total administrative$36,360
Employer contributions to the Crossroads School for Arts and Sciences plan · 2024
Employer contribution per active participant$5,271
Median for plans this size$3,635
2024$5,271 per active participant
2023$5,927 per active participant
2022$4,386 per active participant

Crossroads School for Arts and Sciences's 2024 employer contribution ran above the $3,635 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 · 20242
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$35,000

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$36,360 · 0.05%
2023$32,624 · 0.05%
2022$47,512 · 0.06%
Same employer
Similar plansEducational Services · California
Golden Gate University CA$87.6M · 0.41%
The Buckley School CA$85.7M · 0.08%
Westmont College CA$85.1M · 0.13%
The Bishop's School CA$79.1M · 0.12%
The Harker School CA$73.3M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237120625 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.