Plan Ledger DOL Form 5500 · updated monthly

Polytechnic School403(b)

POLYTECHNIC SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · PASADENA, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Polytechnic School reported $77,322 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $6,260 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 0.10% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 1,004th-largest of 9,483 plans among California employers on file, and the 528th of 3,091 in educational services. In 2024, employees put in $1.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$99,901,616
Participants with balances503
Active participants237
Employer contributions$1,483,676
Employee contributions$1,902,575
Employer contribution per active participant$6,260
Average account balance$198,612
Benefits paid to participants$5,179,838
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$99.9M · 503 accts · $1.5M emplr
2023$89.5M · 500 accts · $1.4M emplr
2022$77.7M · 487 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,918
Investment management$1,642
Total administrative$77,322
Employer contributions to the Polytechnic School plan · 2024
Employer contribution per active participant$6,260
Median for plans this size$3,635
2024$6,260 per active participant
2023$5,441 per active participant
2022$5,591 per active participant

Polytechnic School's 2024 employer contribution ran above the $3,635 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
TIAA · Recordkeeping · Pension consulting$41,560
RBC WEALTH MANAGEMENT$35,762

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$77,322 · 0.08%
2023$51,579 · 0.06%
2022$82,056 · 0.10%
Same employer
Similar plansEducational Services · California
Southwestern Law School CA$106.0M · 0.10%
Art Center College of Design CA$105.3M · 0.10%
Samuel Merritt University CA$101.2M · 0.00%
Brentwood School CA$99.8M · 0.15%
The Asia Foundation CA$93.3M · 0.03%
La Jolla Country Day School CA$91.8M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951641456 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.