Plan Ledger DOL Form 5500 · updated monthly

Kolbe Academy Inc403(b)

KOLBE ACADEMY RETIREMENT SAVINGS PLAN · NAPA, CA · plan year 2022

Reported admin expense ratio · 2022
0.91%

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

Kolbe Academy Inc reported $9,042 in plan administrative expenses for 2022: 0.91% of average plan assets, above the peer median. Employer contributions averaged $263 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in California (8,730th of 9,483), and 2,957th of 3,091 in educational services. In 2022, employees put in $3.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,167,879
Participants with balances44
Active participants152
Employer contributions$40,001
Employee contributions$129,783
Employer contribution per active participant$263
Average account balance$26,543
Benefits paid to participants$15,417
Plan auditUnmodified (clean) audit opinion
AuditorJWT & ASSOCIATES LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,667
Professional / advisory$375
Total administrative$9,042
The Kolbe Academy Inc 401(k) match · 2022
Employer contribution per active participant$263
Median for plans this size$331

Kolbe Academy Inc's 2022 employer contribution ran below the $331 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$9,042 · 0.91%
Similar plansEducational Services · California
Community Music Center CA$1.3M · 0.13%
Harmonium, Inc. CA$1.3M · 0.56%
Legacy Education Inc CA$1.1M · 0.82%
Creative Child Care, Inc. CA$888K · 0.11%
Grimmway Schools, Inc. CA$831K · 0.76%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 942645624 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.