Plan Ledger DOL Form 5500 · updated monthly

Kipp Dc Public Charter Schools403(b)

KIPP DC RETIREMENT PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Kipp Dc Public Charter Schools reported $342,114 in plan administrative expenses for 2024: 0.30% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,452 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 0.41% to 0.30%. 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 85th-largest of 618 plans among District of Columbia employers on file, and the 441st of 3,091 in educational services. In 2024, employees put in $1.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$122,965,936
Participants with balances2,131
Active participants1,411
Employer contributions$6,281,872
Employee contributions$6,967,315
Employer contribution per active participant$4,452
Average account balance$57,703
Benefits paid to participants$9,843,812
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$123.0M · 2,131 accts · $6.3M emplr
2023$104.7M · 1,828 accts · $6.4M emplr
2022$83.2M · 1,799 accts · $5.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$225,089
Investment management$117,025
Total administrative$342,114
Employer contributions to the Kipp Dc Public Charter Schools plan · 2024
Employer contribution per active participant$4,452
Median for plans this size$3,635
2024$4,452 per active participant
2023$4,859 per active participant
2022$4,189 per active participant

Kipp Dc Public Charter Schools'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
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$117,025

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$342,114 · 0.30%
2023$392,142 · 0.42%
2022$308,895 · 0.41%
Same employer
Similar plansEducational Services · District of Columbia
The Urban Institute DC$329.9M · 0.07%
Georgetown Day School, Inc. DC$106.2M · 0.09%
Sidwell Friends School DC$83.1M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742974642 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.