Learn Charter School403(b)
LEARN CHARTER SCHOOL 403(B) DC PLAN AND LEARN CHARTER SCHOOL 403(B) TDA PLAN · CHICAGO, IL · plan year 2024
Learn Charter School's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $9,578,800 across 798 participant accounts, with employer contributions averaging $879 per active participant. See methodology for what Form 5500 does and doesn't capture.
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 Illinois (2,424th of 3,702), and 2,154th of 3,091 in educational services. In 2024, the employer put in $1.62 for every $1.00 employees contributed themselves; active participation has grown from 658 to 761 since 2022.
Learn Charter School'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.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 364439074 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.