Plan Ledger DOL Form 5500 · updated monthly

Highlander Charter School403(b)

HIGHLANDER CHARTER SCHOOL 403(B) PLAN · WARREN, RI · plan year 2022

Reported admin expense ratio · 2022
0.24%

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

Highlander Charter School reported $6,828 in plan administrative expenses for 2022: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,454 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.

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 Rhode Island (258th of 286), and 2,767th of 3,091 in educational services. In 2022, the employer put in $1.38 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,707,897
Participants with balances89
Active participants135
Employer contributions$196,255
Employee contributions$142,392
Employer contribution per active participant$1,454
Average account balance$30,426
Benefits paid to participants$219,143
Plan auditUnmodified (clean) audit opinion
The Highlander Charter School 401(k) match · 2022
Employer contribution per active participant$1,454
Median for plans this size$1,114

Highlander Charter School's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,828 · 0.24%
Same employer
Similar plansEducational Services · Rhode Island
Harmony Hill School, Inc. RI$3.0M · 0.67%
Redshelf, Inc. IL$2.8M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050517389 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.