Plan Ledger DOL Form 5500 · updated monthly

Redwood Day School403(b)

REDWOOD DAY SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · OAKLAND, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Redwood Day School reported $22,731 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $5,101 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 3 years on file its reported administrative ratio has held roughly steady near 0.135%. 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 3,958th-largest of 9,483 plans among California employers on file, and 1,687th of 3,091 in educational services. In 2024, employees put in $1.05 for every $1.00 the employer contributed; active participation has grown from 76 to 90 since 2022.

Plan summary
Net assets, end of year$17,662,611
Participants with balances242
Active participants90
Employer contributions$459,083
Employee contributions$480,132
Employer contribution per active participant$5,101
Average account balance$72,986
Benefits paid to participants$1,320,302
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 242 accts · $459K emplr
2023$16.0M · 251 accts · $416K emplr
2022$14.3M · 251 accts · $398K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,731
Total administrative$22,731
Employer contributions to the Redwood Day School plan · 2024
Employer contribution per active participant$5,101
Median for plans this size$2,416
2024$5,101 per active participant
2023$4,728 per active participant
2022$5,235 per active participant

Redwood Day 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 · 20241
TIAA$23,106

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$22,731 · 0.14%
2023$18,225 · 0.12%
2022$21,577 · 0.14%
Similar plansEducational Services · California
Prospect Sierra School CA$18.0M · 0.10%
Aops Incorporated CA$17.6M · 0.22%
Laguna Blanca School CA$17.3M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942289521 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.