Plan Ledger DOL Form 5500 · updated monthly

Desert Heights Charter Schools401(k)

DESERT HEIGHTS CHARTER SCHOOLS 401(K) PLAN · GLENDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Desert Heights Charter Schools reported $16,860 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $458 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 0.54% to 0.74%. 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 Arizona (1,015th of 1,285), and 2,800th of 3,091 in educational services. In 2024, employees put in $2.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,482,192
Participants with balances118
Active participants152
Employer contributions$69,572
Employee contributions$179,505
Employer contribution per active participant$458
Average account balance$21,036
Benefits paid to participants$39,436
Plan auditUnmodified (clean) audit opinion
AuditorMANSPERGER PATTERSON & MCMULLIN
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 118 accts · $70K emplr
2023$2.1M · 114 accts · $66K emplr
2022$1.7M · 111 accts · $62K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,860
Total administrative$16,860
The Desert Heights Charter Schools 401(k) match · 2024
Employer contribution per active participant$458
Median for plans this size$1,313
2024$458 per active participant
2023$420 per active participant
2022$395 per active participant

Desert Heights Charter Schools'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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$10,997

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$16,860 · 0.74%
2023$14,978 · 0.79%
2022$9,465 · 0.54%
Similar plansEducational Services · Arizona
Choice Academies, Inc. AZ$2.9M · 1.05%
Bryan University, LLC AZ$2.3M · 0.62%
Accel AZ$2.1M · 1.08%
Stormwind, LLC AZ$2.0M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912184875 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.