Plan Ledger DOL Form 5500 · updated monthly

Oaks Christian School403(b)

OAKS CHRISTIAN SCHOOL 403(B) PLAN · WESTLAKE VILLAGE, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Oaks Christian School reported $28,228 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,968 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 0.08% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 2,089th-largest of 9,483 plans among California employers on file, and the 1,064th of 3,091 in educational services. In 2024, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,926,978
Participants with balances359
Active participants347
Employer contributions$1,029,769
Employee contributions$1,925,760
Employer contribution per active participant$2,968
Average account balance$114,003
Benefits paid to participants$4,981,053
Plan auditUnmodified (clean) audit opinion
AuditorCAPIN CROUSE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$40.9M · 359 accts · $1.0M emplr
2023$37.6M · 353 accts · $954K emplr
2022$30.4M · 327 accts · $842K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,228
Total administrative$28,228
The Oaks Christian School 401(k) match · 2024
Employer contribution per active participant$2,968
Median for plans this size$2,416
2024$2,968 per active participant
2023$2,733 per active participant
2022$2,574 per active participant

Oaks Christian School's 2024 employer contribution ran above the $2,416 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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$3,348
NFP RETIREMENT · Consultingindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$28,228 · 0.07%
2023$23,708 · 0.07%
2022$26,401 · 0.08%
Same employer
Similar plansEducational Services · California
Khan Academy, Inc. CA$41.4M · 0.31%
Cate School CA$41.0M · 0.12%
The Nueva School CA$41.0M · 0.15%
The Branson School CA$40.7M · 0.16%
Bentley School, Inc. CA$39.1M · 0.00%
Woodbury University CA$37.5M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954656912 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.