Plan Ledger DOL Form 5500 · updated monthly

Rocketship Education403(b)

ROCKETSHIP EDUCATION RETIREMENT SAVINGS PLAN · REDWOOD CITY, CA · plan year 2025

Reported admin expense ratio · 2025
0.18%

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

Rocketship Education reported $53,447 in plan administrative expenses for 2025: 0.18% of average plan assets, below the peer median. Employer contributions averaged $690 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 fell from 0.34% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other educational services employers. By assets it is the 2,517th-largest of 9,483 plans among California employers on file, and the 1,223rd of 3,091 in educational services. In 2025, employees put in $2.82 for every $1.00 the employer contributed; active participation has grown from 1,350 to 1,629 since 2022.

Plan summary
Net assets, end of year$32,589,573
Participants with balances768
Active participants1,629
Employer contributions$1,123,326
Employee contributions$3,172,991
Employer contribution per active participant$690
Average account balance$42,434
Benefits paid to participants$2,236,246
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$32.6M · 768 accts · $1.1M emplr
2024$25.2M · 717 accts · $1.1M emplr
2023$21.6M · 683 accts · $1.1M emplr
2022$16.4M · 695 accts · $1.0M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$53,447
Total administrative$53,447
Employer contributions to the Rocketship Education plan · 2025
Employer contribution per active participant$690
Median for plans this size$2,666
2025$690 per active participant
2024$767 per active participant
2023$753 per active participant
2022$772 per active participant

Rocketship Education's 2025 employer contribution ran below the $2,666 median for plans its size, in the bottom 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$48,626

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

Administrative cost history4
2025$53,447 · 0.18%
2024$89,311 · 0.38%
2023$68,009 · 0.36%
2022$58,202 · 0.34%
Same employer
Similar plansEducational Services · California
Palo Alto University, Inc CA$34.0M · 0.19%
Curtis School Foundation CA$33.6M · 0.13%
Menlo College CA$33.3M · 0.09%
Fairmont Schools, Inc. CA$32.5M · 0.34%
Mayfield Junior School CA$32.4M · 0.15%
Etr Associates, Inc. CA$31.8M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204040597 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.