Plan Ledger DOL Form 5500 · updated monthly

J127 Education Foundation403(b)

J127 EDUCATION FOUNDATION 403(B) THRIFT PLAN · FAIRFAX, VA · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

J127 Education Foundation reported $32,990 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $233 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 3 years on file its reported administrative ratio has held roughly steady near 0.546%. 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 Virginia (1,704th of 2,266), and 2,379th of 3,091 in educational services. In 2024, employees put in $7.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,491,855
Participants with balances144
Active participants245
Employer contributions$57,103
Employee contributions$401,081
Employer contribution per active participant$233
Average account balance$45,082
Benefits paid to participants$388,764
Plan auditUnmodified (clean) audit opinion
AuditorBENEFIT AUDIT GROUP, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 144 accts · $57K emplr
2023$5.6M · 152 accts · $55K emplr
2022$4.5M · 144 accts · $48K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,990
Total administrative$32,990
The J127 Education Foundation 401(k) match · 2024
Employer contribution per active participant$233
Median for plans this size$1,313
2024$233 per active participant
2023$223 per active participant
2022$198 per active participant

J127 Education Foundation's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · 20244
ASCENSUS LLC · Recordkeeping$11,649
RAYMOND JAMES AND ASSOCIATES · Contract administrator$20,616
LINCOLN NATIONAL CORPORATION · Contract administrator$1,325
ATLANTIC PENSION SERVICES · Plan administrator$1,300

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$32,990 · 0.55%
2023$28,169 · 0.56%
2022$25,820 · 0.55%
Same employer
Similar plansEducational Services · Virginia
Teachstone Training, LLC VA$10.4M · 0.26%
Randolph Macon Academy VA$6.9M · 0.12%
Congressional School VA$6.3M · 0.71%
The Faison Center, Inc. VA$5.3M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541371815 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.