Plan Ledger DOL Form 5500 · updated monthly

Gindi Maimonides Academy403(b)

MAIMONIDES ACADEMY 403B PLAN - PLAN# 346962 · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Gindi Maimonides Academy reported $25 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $963 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 0.000% to 0.000%. 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 California (5,572nd of 9,483), and 2,153rd of 3,091 in educational services. In 2024, employees put in $2.40 for every $1.00 the employer contributed; active participation has grown from 139 to 154 since 2022.

Plan summary
Net assets, end of year$9,579,177
Participants with balances161
Active participants154
Employer contributions$148,306
Employee contributions$356,557
Employer contribution per active participant$963
Average account balance$59,498
Benefits paid to participants$153,170
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 161 accts · $148K emplr
2023$8.4M · 155 accts · $143K emplr
2022$7.1M · 151 accts · $123K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25
Total administrative$25
Employer contributions to the Gindi Maimonides Academy plan · 2024
Employer contribution per active participant$963
Median for plans this size$1,313
2024$963 per active participant
2023$1,104 per active participant
2022$886 per active participant

Gindi Maimonides Academy'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.

Administrative cost history3
2024$25 · 0.00%
2023Not separately reported
2022$25 · 0.00%
Same employer
Similar plansEducational Services · California
Gradient Learning CA$9.7M · 0.01%
Stanbridge University CA$9.6M · 0.89%
Marymount High School CA$9.4M · 0.01%
Summer Search Foundation CA$9.1M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953214146 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.