Plan Ledger DOL Form 5500 · updated monthly

Provident Charter School403(b)

PROVIDENT CHARTER SCHOOL 403(B) PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Provident Charter School reported $5,525 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,480 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 1 year on file its reported administrative ratio fell from 0.28% to 0.11%. 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 Pennsylvania (2,796th of 3,651), and 2,457th of 3,091 in educational services. In 2024, the employer put in $2.13 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$5,674,050
Participants with balances146
Active participants117
Employer contributions$641,150
Employee contributions$301,331
Employer contribution per active participant$5,480
Average account balance$38,863
Benefits paid to participants$476,580
Plan auditUnmodified (clean) audit opinion
AuditorGROSSMAN YANAK FORD
Plan history2
Yearassets · accounts · employer contribution
2024$5.7M · 146 accts · $641K emplr
2023$4.5M · 139 accts · $591K emplr
Employer contributions to the Provident Charter School plan · 2024
Employer contribution per active participant$5,480
Median for plans this size$1,313
2024$5,480 per active participant
2023$5,135 per active participant

Provident Charter 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
CAPITAL GROUP RETIREMENT PLAN SVCS · Contract administrator · Recordkeeping$375
METRO BENEFITS, INC. · Pension consulting · Other services$5,150

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

Recordkeeper by year2
2024CAPITAL GROUP RETIREMENT PLAN SVCS
2023CAPITAL GROUP RETIREMENT PLAN SVCS

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

Administrative cost history2
2024$5,525 · 0.11%
2023$10,675 · 0.28%
Same employer
Similar plansEducational Services · Pennsylvania
Triangle Tech, Inc. PA$5.7M · 0.50%
Community Day School PA$5.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611617717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.