Plan Ledger DOL Form 5500 · updated monthly

Dc Scholars Public Charter School403(b)

DC SCHOLARS PUBLIC CHARTER SCHOOL 403(B) RETIREMENT PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
1.30%

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

Dc Scholars Public Charter School reported $28,058 in plan administrative expenses for 2024: 1.30% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,022 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 1.30%. 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 District of Columbia (567th of 618), and 2,820th of 3,091 in educational services. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,284,353
Participants with balances129
Active participants94
Employer contributions$96,077
Employee contributions$173,351
Employer contribution per active participant$1,022
Average account balance$17,708
Benefits paid to participants$279,462
Plan auditUnmodified (clean) audit opinion
AuditorJM&M
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 129 accts · $96K emplr
2023$2.0M · 163 accts · $104K emplr
2022$1.7M · 90 accts · $90K emplr
Administrative expenses, itemized · 2024
Investment management$28,058
Total administrative$28,058
Employer contributions to the Dc Scholars Public Charter School plan · 2024
Employer contribution per active participant$1,022
Median for plans this size$1,313
2024$1,022 per active participant
2023$599 per active participant
2022$1,034 per active participant

Dc Scholars Public Charter School'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
KESTRA INVESTMENT SERVICES$19,616

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$28,058 · 1.30%
2023$26,145 · 1.40%
2022$20,537 · 1.26%
Similar plansEducational Services · District of Columbia
Ingenuity Prep DC$3.2M · 0.31%
Health Management, Inc. DC$2.7M · 1.19%
Centronia DC$2.1M · 1.23%
Potomac College, LLC DC$2.1M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452544052 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.