Plan Ledger DOL Form 5500 · updated monthly

The Prairie School403(b)

PRAIRIE SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · RACINE, WI · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

The Prairie School reported $46,789 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $4,130 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 0.06% to 0.15%. 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 592nd-largest of 1,936 plans among Wisconsin employers on file, and the 1,235th of 3,091 in educational services. In 2024, the employer put in $1.09 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$32,377,715
Participants with balances277
Active participants121
Employer contributions$499,711
Employee contributions$456,462
Employer contribution per active participant$4,130
Average account balance$116,887
Benefits paid to participants$1,397,545
Plan auditUnmodified (clean) audit opinion
AuditorVRAKAS ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$32.4M · 277 accts · $500K emplr
2023$29.2M · 283 accts · $487K emplr
2022$25.9M · 293 accts · $450K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,902
Total administrative$46,789
Employer contributions to the The Prairie School plan · 2024
Employer contribution per active participant$4,130
Median for plans this size$2,416
2024$4,130 per active participant
2023$4,123 per active participant
2022$3,845 per active participant

The Prairie School's 2024 employer contribution ran above the $2,416 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 · 20243
PENTEGRA SERVICES, INC · Plan administrator$16,500
CAP FINANCIAL PARTNERS, LLC$16,219
VRAKAS ADVISORS · Investment advisory (participants)$9,405

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$46,789 · 0.15%
2023$29,060 · 0.11%
2022$15,403 · 0.06%
Same employer
Similar plansEducational Services · Wisconsin
Beloit College WI$60.5M · 0.05%
Lakeland University WI$57.3M · 0.05%
Academy of Basic Education WI$23.1M · 0.07%
Pesi, Inc. WI$19.8M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 396074931 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.