Plan Ledger DOL Form 5500 · updated monthly

San Francisco Friends School403(b)

SAN FRANCISCO FRIENDS SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

San Francisco Friends School reported $1,194 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,237 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 0.00% to 0.01%. 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 3,312th-largest of 9,483 plans among California employers on file, and the 1,495th of 3,091 in educational services. In 2024, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,800,589
Participants with balances181
Active participants83
Employer contributions$517,671
Employee contributions$801,029
Employer contribution per active participant$6,237
Average account balance$125,970
Benefits paid to participants$1,759,476
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.8M · 181 accts · $518K emplr
2023$20.8M · 170 accts · $486K emplr
2022$17.0M · 159 accts · $451K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,194
Total administrative$1,194
Employer contributions to the San Francisco Friends School plan · 2024
Employer contribution per active participant$6,237
Median for plans this size$2,416
2024$6,237 per active participant
2023$6,656 per active participant
2022$5,931 per active participant

San Francisco Friends 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

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$1,194 · 0.01%
2023$914 · 0.00%
2022$380 · 0.00%
Similar plansEducational Services · California
Charles Armstrong School CA$24.4M · 0.00%
Harbor Day School CA$23.5M · 0.16%
American Jewish University CA$22.4M · 0.01%
Kai Ming, Inc CA$21.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943397589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.