Plan Ledger DOL Form 5500 · updated monthly

Foundation for Blind Children403(b)

FOUNDATION FOR BLIND CHILDREN 403(B) DC PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Foundation for Blind Children reported $36,296 in plan administrative expenses for 2024: 0.38% of average plan assets, below the peer median. Employer contributions averaged $1,775 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 0.42% to 0.38%. 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 the 585th-largest of 1,285 plans among Arizona employers on file, and 2,110th of 3,091 in educational services. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,050,652
Participants with balances228
Active participants149
Employer contributions$264,432
Employee contributions$537,040
Employer contribution per active participant$1,775
Average account balance$44,082
Benefits paid to participants$769,159
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 228 accts · $264K emplr
2023$8.9M · 226 accts · $268K emplr
2022$7.4M · 234 accts · $240K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,296
Total administrative$36,296
Employer contributions to the Foundation for Blind Children plan · 2024
Employer contribution per active participant$1,775
Median for plans this size$1,313
2024$1,775 per active participant
2023$1,676 per active participant
2022$1,675 per active participant

Foundation for Blind Children's 2024 employer contribution ran above 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 · 20242
PRINCIPAL LIFE INS COMPANY · Contract administrator$36,295
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)indirect 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$36,296 · 0.38%
2023$34,665 · 0.43%
2022$29,246 · 0.42%
Same employer
Similar plansEducational Services · Arizona
The Gregory School AZ$11.1M · 0.23%
Tws Acquisition Corporation AZ$11.0M · 0.17%
Ams Impact Group, LLC AZ$10.9M · 0.73%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 860129981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.