Plan Ledger DOL Form 5500 · updated monthly

Sac Educational Services, Inc.401(k)

SAC EDUCATIONAL SERVICES, INC. 401(K) PLAN · SAN DIEGO, CA · plan year 2023

Reported admin expense ratio · 2023
0.78%

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

Sac Educational Services, Inc. reported $5,515 in plan administrative expenses for 2023: 0.78% of average plan assets, below the peer median. Employer contributions averaged $1,182 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 1 year on file its reported administrative ratio rose from 0.04% to 0.78%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in California (8,910th of 9,483), and 2,997th of 3,091 in educational services. In 2023, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$831,969
Participants with balances97
Active participants56
Employer contributions$66,194
Employee contributions$139,668
Employer contribution per active participant$1,182
Average account balance$8,577
Benefits paid to participants$72,178
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$832K · 97 accts · $66K emplr
2022$574K · 128 accts · $44K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,515
Total administrative$5,515
The Sac Educational Services, Inc. 401(k) match · 2023
Employer contribution per active participant$1,182
Median for plans this size$522
2023$1,182 per active participant
2022$590 per active participant

Sac Educational Services, Inc.'s 2023 employer contribution ran above the $522 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
THE VANGUARD GROUP, INC. · Recordkeeping$5,515

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

Administrative cost history2
2023$5,515 · 0.78%
2022$225 · 0.04%
Similar plansEducational Services · California
Kolbe Academy Inc CA$1.2M · 0.91%
Legacy Education Inc CA$1.1M · 0.82%
Creative Child Care, Inc. CA$888K · 0.11%
Grimmway Schools, Inc. CA$831K · 0.76%
Children's Paradise, Inc. CA$810K · 1.44%
Kids Kare Schools, Inc. CA$731K · 1.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474355705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.