Plan Ledger DOL Form 5500 · updated monthly

New Teacher Center401(k)

NEW TEACHER CENTER 401(K) PLAN · SANTA CRUZ, CA · plan year 2025

Employer contribution per participant · 2025
$4,681

New Teacher Center's 2025 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 $14,715,648 across 157 participant accounts, with employer contributions averaging $4,681 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 2 years on file its reported administrative ratio rose from 0.00% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other educational services employers. By assets it is the 4,435th-largest of 9,483 plans among California employers on file, and 1,827th of 3,091 in educational services. In 2025, employees put in $2.73 for every $1.00 the employer contributed; active participation has shrunk from 124 to 59 since 2022.

Plan summary
Net assets, end of year$14,715,648
Participants with balances157
Active participants59
Employer contributions$276,161
Employee contributions$753,266
Employer contribution per active participant$4,681
Average account balance$93,730
Benefits paid to participants$3,143,242
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$14.7M · 157 accts · $276K emplr
2024$14.4M · 187 accts · $350K emplr
2023$12.9M · 198 accts · $340K emplr
2022$10.8M · 184 accts · $260K emplr
The New Teacher Center 401(k) match · 2025
Employer contribution per active participant$4,681
Median for plans this size$2,666
2025$4,681 per active participant
2024$3,430 per active participant
2023$2,497 per active participant
2022$2,095 per active participant

New Teacher Center's 2025 employer contribution ran above the $2,666 median for plans its size, placing it in the top 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.

Service providers · 20251
THE VANGUARD GROUP, INC. · Recordkeeping$3,500

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

Recordkeeper by year3
2025Vanguard
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025Not separately reported
2024$4,770 · 0.03%
2023$5,708 · 0.05%
2022$150 · 0.00%
Same employer
Similar plansEducational Services · California
The University Corporation CA$14.9M · 0.21%
Go Kids, Inc. CA$14.2M · 0.12%
Aces 2020, LLC CA$13.9M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262427526 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.