Plan Ledger DOL Form 5500 · updated monthly

Distinctive Schools403(b)

DISTINCTIVE SCHOOLS 403(B) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Distinctive Schools reported $66,203 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $732 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 0.964%. 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 Illinois (2,642nd of 3,702), and 2,285th of 3,091 in educational services. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has grown from 491 to 668 since 2022.

Plan summary
Net assets, end of year$7,680,753
Participants with balances271
Active participants668
Employer contributions$488,836
Employee contributions$877,976
Employer contribution per active participant$732
Average account balance$28,342
Benefits paid to participants$809,695
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 271 accts · $489K emplr
2023$6.1M · 228 accts · $417K emplr
2022$5.1M · 249 accts · $457K emplr
The Distinctive Schools 401(k) match · 2024
Employer contribution per active participant$732
Median for plans this size$1,313
2024$732 per active participant
2023$670 per active participant
2022$932 per active participant

Distinctive Schools'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$66,524
LPL FINANCIAL LLC - RPCP · Investment advisory (plan)indirect comp
THE PENSION SPECIALISTS · Other servicesindirect comp

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$66,203 · 0.96%
2023$55,659 · 1.00%
2022$47,529 · 0.96%
Same employer
Similar plansEducational Services · Illinois
Everspring, Inc. IL$9.0M · 0.94%
The Cove School, Inc. IL$8.2M · 0.13%
Timothy Christian Schools IL$6.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274967763 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.