Plan Ledger DOL Form 5500 · updated monthly

Old Town School of Folk Music401(k)

OLD TOWN SCHOOL OF FOLK MUSIC 403(B) PLAN · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
0.32%

Old Town School of Folk Music reported $2,147 in plan administrative expenses for 2022: 0.32% of average plan assets, lower than ~75% of peers. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Illinois (3,530th of 3,702), and 3,010th of 3,091 in educational services.

Plan summary
Net assets, end of year$729,805
Participants with balances38
Active participants357
Employer contributions—
Employee contributions$121,562
Employer contribution per active participant—
Average account balance$19,205
Benefits paid to participants$20,111
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Professional / advisory$2,147
Total administrative$2,147
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$2,147 · 0.32%
Similar plansEducational Services · Illinois
Schoolkidz.com, LLC IL$1.3M · 1.68%
Anthromed LLC IL$748K · 0.08%
Kids Kare Schools, Inc. CA$731K · 1.88%
Isana CA$723K · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362373635 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.