Plan Ledger DOL Form 5500 · updated monthly

Renaissance Charter High School401(k)

RENAISSANCE CHARTER HIGH SCHOOL FOR INNOVATION 401K & PROFIT SHA · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Renaissance Charter High School reported $20,401 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $2,998 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 0.04% to 0.40%. 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 New York (4,352nd of 5,648), and 2,460th of 3,091 in educational services. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has shrunk from 94 to 65 since 2022.

Plan summary
Net assets, end of year$5,656,140
Participants with balances95
Active participants65
Employer contributions$194,866
Employee contributions$344,881
Employer contribution per active participant$2,998
Average account balance$59,538
Benefits paid to participants$284,139
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 95 accts · $195K emplr
2023$4.7M · 115 accts · $271K emplr
2022$4.1M · 112 accts · $238K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,318
Investment management$12,083
Total administrative$20,401
The Renaissance Charter High School 401(k) match · 2024
Employer contribution per active participant$2,998
Median for plans this size$1,313
2024$2,998 per active participant
2023$3,867 per active participant
2022$2,530 per active participant

Renaissance Charter High 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
MORGAN STANLEY · Investment advisory (plan)$12,083

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$20,401 · 0.40%
2023$6,542 · 0.15%
2022$1,740 · 0.04%
Similar plansEducational Services · New York
Harlem Rbi NY$6.1M · 0.54%
Metschools, LLC NY$5.7M · 0.83%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 271736728 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.