Plan Ledger DOL Form 5500 · updated monthly

Redlands Christian Schools403(b)

REDLANDS CHRISTIAN SCHOOLS ACA 403(B) PLAN · REDLANDS, CA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Redlands Christian Schools reported $10,424 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. Employer contributions averaged $2,464 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 0.48% to 0.57%. 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 California (8,249th of 9,483), and 2,837th of 3,091 in educational services. In 2024, the employer put in $2.76 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,130,447
Participants with balances120
Active participants129
Employer contributions$317,813
Employee contributions$115,102
Employer contribution per active participant$2,464
Average account balance$17,754
Benefits paid to participants$31,416
Plan auditUnmodified (clean) audit opinion
AuditorSWENSON CORPORATION
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 120 accts · $318K emplr
2023$1.5M · 119 accts · $272K emplr
2022$969K · 109 accts · $264K emplr
Administrative expenses, itemized · 2024
Investment management$10,424
Total administrative$10,424
The Redlands Christian Schools 401(k) match · 2024
Employer contribution per active participant$2,464
Median for plans this size$1,313
2024$2,464 per active participant
2023$2,145 per active participant
2022$2,198 per active participant

Redlands Christian Schools'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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$120
MMA SECURITIES · Investment advisory (participants) · Investment advisory (plan)$9,682

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$10,424 · 0.57%
2023$6,659 · 0.54%
2022$4,266 · 0.48%
All plans at this employer2
REDLANDS CHRISTIAN SCHOOLS RCS 403(B) PLAN401(k)
REDLANDS CHRISTIAN SCHOOLS ACA 403(B) PLAN403(b)
Same employer
Similar plansEducational Services · California
Ace Charter School CA$2.2M · 0.62%
QE2 Systems Inc CA$2.1M · 0.08%
Aspire Public Schools CA$2.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951831078 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.