Plan Ledger DOL Form 5500 · updated monthly

Pathways in Education, Inc.403(b)

OPTIONS EDUCATIONAL 403(B) RETIREMENT PLAN · PASADENA, CA · plan year 2023

Reported admin expense ratio · 2023
0.60%

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

Pathways in Education, Inc. reported $236,618 in plan administrative expenses for 2023: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $967 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 has held roughly steady near 0.605%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other educational services employers. By assets it is the 2,020th-largest of 9,483 plans among California employers on file, and the 1,029th of 3,091 in educational services. In 2023, employees put in $3.65 for every $1.00 the employer contributed; active participation has shrunk from 1,074 to 837 since 2022.

Plan summary
Net assets, end of year$42,793,126
Participants with balances1,289
Active participants837
Employer contributions$809,383
Employee contributions$2,952,826
Employer contribution per active participant$967
Average account balance$33,199
Benefits paid to participants$2,349,870
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $98K emplr
2023$42.8M · 1,289 accts · $809K emplr
2022$35.5M · 1,349 accts · $860K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$236,618
Total administrative$236,618
Employer contributions to the Pathways in Education, Inc. plan · 2023
Employer contribution per active participant$967
Median for plans this size$2,440
2023$967 per active participant
2022$801 per active participant

Pathways in Education, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20236
EMPOWER ADVISORY GROUP, LLC · Investment management$44,280
TRUOG-RYDING COMPANY INC · Contract administrator$40,278
PENSION ASSURANCE LLP · Accounting / audit$15,000
3 38 INVESTMENT FIDUCIARIES INC · Investment advisory (plan)$10,987
KESTRA INVESTMENT SERVICES LLCindirect comp

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

Administrative cost history3
2024Not separately reported
2023$236,618 · 0.60%
2022$229,002 · 0.60%
Similar plansEducational Services · California
Santa Catalina School CA$43.6M · 0.00%
The Avid Center CA$43.3M · 0.21%
The Thacher School CA$43.2M · 0.12%
Khan Academy, Inc. CA$41.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020541020 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.