Plan Ledger DOL Form 5500 · updated monthly

Prospect Sierra School403(b)

PROSPECT SIERRA SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · EL CERRITO, CA · plan year 2022

Reported admin expense ratio · 2022
0.10%

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

Prospect Sierra School reported $17,197 in plan administrative expenses for 2022: 0.10% of average plan assets, below the peer median. Employer contributions averaged $3,477 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other educational services employers. By assets it is the 3,907th-largest of 9,483 plans among California employers on file, and 1,667th of 3,091 in educational services. In 2022, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,988,996
Participants with balances177
Active participants92
Employer contributions$319,867
Employee contributions$663,267
Employer contribution per active participant$3,477
Average account balance$101,633
Benefits paid to participants$1,091,245
Plan auditUnmodified (clean) audit opinion
AuditorPATRICIA A. WINTROATH, CPA
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $363K emplr
2022$18.0M · 177 accts · $320K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$17,197
Total administrative$17,197
Employer contributions to the Prospect Sierra School plan · 2022
Employer contribution per active participant$3,477
Median for plans this size$2,266

Prospect Sierra School's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$17,197 · 0.10%
Similar plansEducational Services · California
Drew School CA$18.8M · 0.02%
Redwood Day School CA$17.7M · 0.14%
Aops Incorporated CA$17.6M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942940144 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.