Plan Ledger DOL Form 5500 · updated monthly

Reading Partners403(b)

READING PARTNERS 403(B) PLAN · OAKLAND, CA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Reading Partners reported $6,592 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,540 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 0.09% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (5,996th of 9,483), and 1,865th of 3,341 in other services. In 2024, employees put in $5.04 for every $1.00 the employer contributed; active participation has shrunk from 203 to 139 since 2022.

Plan summary
Net assets, end of year$8,042,100
Participants with balances193
Active participants139
Employer contributions$214,099
Employee contributions$1,079,718
Employer contribution per active participant$1,540
Average account balance$41,669
Benefits paid to participants$552,542
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 193 accts · $214K emplr
2023$5.7M · 192 accts · $281K emplr
2022$4.1M · 166 accts · $159K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,592
Total administrative$6,592
Employer contributions to the Reading Partners plan · 2024
Employer contribution per active participant$1,540
Median for plans this size$1,313
2024$1,540 per active participant
2023$1,509 per active participant
2022$783 per active participant

Reading Partners's 2024 employer contribution ran above the $1,313 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
MMA SECURITIES LLC · Investment advisory (plan)$30,173

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$6,592 · 0.10%
2023$3,489 · 0.07%
2022$3,235 · 0.09%
Same employer
Similar plansOther Services · California
G&C Auto Body CA$8.4M · 0.13%
Compass LLC CA$8.3M · 0.19%
Maravilla Foundation CA$7.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770568469 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.