Plan Ledger DOL Form 5500 · updated monthly

Park Day School403(b)

PARK DAY SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · OAKLAND, CA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Park Day School reported $34,356 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $5,233 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 rose from 0.09% to 0.41%. 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 California (5,816th of 9,483), and 2,209th of 3,091 in educational services. In 2024, the employer put in $1.72 for every $1.00 employees contributed themselves; active participation has grown from 67 to 74 since 2022.

Plan summary
Net assets, end of year$8,735,250
Participants with balances133
Active participants74
Employer contributions$387,209
Employee contributions$224,732
Employer contribution per active participant$5,233
Average account balance$65,679
Benefits paid to participants$789,242
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 133 accts · $387K emplr
2023$8.1M · 131 accts · $334K emplr
2022$7.1M · 132 accts · $327K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,797
Investment management$22,559
Total administrative$34,356
Employer contributions to the Park Day School plan · 2024
Employer contribution per active participant$5,233
Median for plans this size$1,313
2024$5,233 per active participant
2023$4,632 per active participant
2022$4,886 per active participant

Park Day School's 2024 employer contribution ran above the $1,313 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.

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
MORGAN STANLEY · Investment advisory (plan)$22,559
TIAA$11,797

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$34,356 · 0.41%
2023$29,858 · 0.39%
2022$5,677 · 0.09%
Similar plansEducational Services · California
Summer Search Foundation CA$9.1M · 0.28%
Point Quest, Inc. CA$8.8M · 0.63%
American Film Institute CA$8.6M · 0.01%
Achievekids CA$8.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942368070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.