Plan Ledger DOL Form 5500 · updated monthly

Foundations Academy Inc. dba the Ambrose School401(k)

THE AMBROSE SCHOOL 401(K) PLAN · MERIDIAN, ID · plan year 2022

Reported admin expense ratio · 2022
0.77%

Foundations Academy Inc. dba the Ambrose School reported $7,927 in plan administrative expenses for 2022: 0.77% of average plan assets, above the peer median. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Idaho (325th of 349), and 2,985th of 3,091 in educational services.

Plan summary
Net assets, end of year$954,973
Participants with balances65
Active participants121
Employer contributions—
Employee contributions$156,501
Employer contribution per active participant—
Average account balance$14,692
Benefits paid to participants$118,598
Plan auditUnmodified (clean) audit opinion
AuditorHARRIS & CO., PLLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$550
Investment management$7,377
Total administrative$7,927
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$7,927 · 0.77%
Similar plansEducational Services · Idaho
Braintree Group, LLC ID$4.9M · 1.10%
Kulanu Academy NY$992K · 0.83%
Beckfield College, LLC KY$962K · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820483624 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.