Plan Ledger DOL Form 5500 · updated monthly

Grandville Calvin Christian SchoolsProfit-sharing plan

GRANDVILLE CALVIN CHRISTIAN SCHOOLS 403(B) PLAN · GRANDVILLE, MI · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Grandville Calvin Christian Schools reported $15,354 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $1,126 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 0.67% to 0.49%. 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 Michigan (2,195th of 2,619), and 2,671st of 3,091 in educational services. In 2024, employees put in $3.15 for every $1.00 the employer contributed; active participation has shrunk from 176 to 106 since 2022.

Plan summary
Net assets, end of year$3,444,371
Participants with balances106
Active participants106
Employer contributions$119,351
Employee contributions$375,818
Employer contribution per active participant$1,126
Average account balance$32,494
Benefits paid to participants$196,323
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 106 accts · $119K emplr
2023$2.8M · 108 accts · $119K emplr
2022$2.1M · 109 accts · $116K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,354
Total administrative$15,354
Employer contributions to the Grandville Calvin Christian Schools plan · 2024
Employer contribution per active participant$1,126
Median for plans this size$1,313
2024$1,126 per active participant
2023$1,166 per active participant
2022$660 per active participant

Grandville Calvin Christian 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 · 20241
PENSERV · Recordkeeping$12,190

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024PENSERV
2023PENSERV

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$15,354 · 0.49%
2023$12,518 · 0.51%
2022$11,848 · 0.67%
Similar plansEducational Services · Michigan
Rochester University MI$4.7M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381968313 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.