Plan Ledger DOL Form 5500 · updated monthly

Maranatha Christian Schools, Inc.401(k)

MARANATHA CHRISTIAN SCHOOLS, INC. 401(K) PLAN · SAN DIEGO, CA · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Maranatha Christian Schools, Inc. reported $979 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $514 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in California (7,912th of 9,483), and 2,746th of 3,091 in educational services. In 2022, employees put in $3.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,874,800
Participants with balances73
Active participants173
Employer contributions$88,920
Employee contributions$305,669
Employer contribution per active participant$514
Average account balance$39,381
Benefits paid to participants$344,017
Plan auditUnmodified (clean) audit opinion
AuditorCAPINCROUSE LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$979
Total administrative$979
The Maranatha Christian Schools, Inc. 401(k) match · 2022
Employer contribution per active participant$514
Median for plans this size$1,114

Maranatha Christian Schools, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$979 · 0.03%
Similar plansEducational Services · California
Trinity Youth Services CA$3.0M · 0.62%
Peer Health Exchange, Inc CA$3.0M · 0.17%
In S.T.E.P.P.S., Inc. CA$2.9M · 1.19%
Star Sports Theater CA$2.7M · 1.99%
Western Christian Schools CA$2.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270091420 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.