Plan Ledger DOL Form 5500 · updated monthly

Francis Parker School403(b)

FRANCIS PARKER SCHOOL 403(B) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Francis Parker School reported $85,310 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $4,237 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 0.22% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 1,512th-largest of 9,483 plans among California employers on file, and the 796th of 3,091 in educational services. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$60,943,784
Participants with balances503
Active participants297
Employer contributions$1,258,486
Employee contributions$2,508,280
Employer contribution per active participant$4,237
Average account balance$121,161
Benefits paid to participants$3,193,985
Plan auditDisclaimer of opinion
AuditorWEST RHODE AND ROBERTS
Plan history3
Yearassets · accounts · employer contribution
2024$60.9M · 503 accts · $1.3M emplr
2023$54.0M · 487 accts · $1.1M emplr
2022$46.6M · 601 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,310
Total administrative$85,310
Employer contributions to the Francis Parker School plan · 2024
Employer contribution per active participant$4,237
Median for plans this size$3,635
2024$4,237 per active participant
2023$4,007 per active participant
2022$3,288 per active participant

Francis Parker School's 2024 employer contribution ran above the $3,635 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
TIAA$51,437
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (participants) · Investment advisory (plan)$30,000

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$85,310 · 0.15%
2023$79,179 · 0.16%
2022$97,257 · 0.22%
Same employer
Similar plansEducational Services · California
Marin Country Day School CA$65.3M · 0.11%
Marlborough School CA$64.3M · 0.07%
Oakwood School CA$63.2M · 0.17%
Headspace, Inc. CA$59.1M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 951696720 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.