Plan Ledger DOL Form 5500 · updated monthly

Little Red School House, Inc.403(b)

LITTLE RED SCHOOL HOUSE 403(B) PLAN · EVERETT, WA · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Little Red School House, Inc. reported $31,104 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $869 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 4 years on file its reported administrative ratio rose from 0.43% to 0.58%. 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 Washington (1,289th of 1,714), and 2,430th of 3,091 in educational services. In 2024, employees put in $5.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,963,404
Participants with balances107
Active participants107
Employer contributions$92,953
Employee contributions$527,798
Employer contribution per active participant$869
Average account balance$55,733
Benefits paid to participants$217,139
Plan auditUnmodified (clean) audit opinion
Plan history5
Yearassets · accounts · employer contribution
2024$6.0M · 107 accts · $93K emplr
2023$4.9M · 110 accts · $102K emplr
2022$3.8M · 119 accts · $87K emplr
2021$4.2M · 101 accts · $77K emplr
2020$3.6M · 95 accts · $81K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,104
Total administrative$31,104
Employer contributions to the Little Red School House, Inc. plan · 2024
Employer contribution per active participant$869
Median for plans this size$1,313
2024$869 per active participant
2023$926 per active participant
2022$773 per active participant
2021$713 per active participant
2020$753 per active participant

Little Red School House, Inc.'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.

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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$31,103
EDWARD JONES · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history5
2024$31,104 · 0.58%
2023$25,243 · 0.58%
2022$19,951 · 0.50%
2021$20,357 · 0.52%
2020$13,913 · 0.43%
Similar plansEducational Services · Washington
Medbridge, Inc. WA$8.3M · 0.31%
Villa Academy WA$7.7M · 0.55%
Hamlin Robinson School WA$6.5M · 0.02%
Lynden Christian School WA$5.5M · 0.58%
Westside School WA$4.6M · 0.03%
Oic of Washington WA$3.8M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 916053563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.