Plan Ledger DOL Form 5500 · updated monthly

Milwaukee College Preparatory School of Wisconsin403(b)

MILWAUKEE COLLEGE PREP SCHOOL 403(B) RETIREMENT PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Milwaukee College Preparatory School of Wisconsin reported $12,390 in plan administrative expenses for 2024: 0.36% of average plan assets, below the peer median. Employer contributions averaged $2,287 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 0.53% to 0.36%. 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 Wisconsin (1,722nd of 1,936), and 2,639th of 3,091 in educational services. In 2024, employees put in $1.56 for every $1.00 the employer contributed; active participation has shrunk from 179 to 125 since 2022.

Plan summary
Net assets, end of year$3,746,991
Participants with balances200
Active participants125
Employer contributions$285,924
Employee contributions$446,394
Employer contribution per active participant$2,287
Average account balance$18,735
Benefits paid to participants$596,588
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 200 accts · $286K emplr
2023$3.1M · 179 accts · $15K emplr
2022$2.5M · 202 accts · $289K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,390
Total administrative$12,390
Employer contributions to the Milwaukee College Preparatory School of Wisconsin plan · 2024
Employer contribution per active participant$2,287
Median for plans this size$1,313
2024$2,287 per active participant
2023$99 per active participant
2022$1,613 per active participant

Milwaukee College Preparatory School of Wisconsin's 2024 employer contribution ran above 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 · 20241
VANGUARD$12,390

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$12,390 · 0.36%
2023$12,235 · 0.43%
2022$12,232 · 0.53%
Same employer
Similar plansEducational Services · Wisconsin
Fred J. Miller, Inc. OH$3.8M · 0.62%
Straighterline, Inc. VA$3.8M · 0.68%
Oic of Washington WA$3.8M · 0.66%
School of Rock, LLC MA$3.8M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391881295 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.