Plan Ledger DOL Form 5500 · updated monthly

School Innovations & Achievement401(k)

SCHOOL INNOVATIONS & ACHIEVEMENT 401K PROFIT SHARING PLAN · EL DORADO HILLS, CA · plan year 2022

Reported admin expense ratio · 2022
0.70%

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

School Innovations & Achievement reported $73,892 in plan administrative expenses for 2022: 0.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,144 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in California (5,539th of 9,483), and 2,141st of 3,091 in educational services. In 2022, employees put in $4.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,719,716
Participants with balances105
Active participants67
Employer contributions$143,622
Employee contributions$585,159
Employer contribution per active participant$2,144
Average account balance$92,569
Benefits paid to participants$193,361
Plan auditUnmodified (clean) audit opinion
AuditorBFBA, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$9.7M · 105 accts · $144K emplr
Administrative expenses, itemized · 2022
Investment management$72,092
Professional / advisory$1,800
Total administrative$73,892
The School Innovations & Achievement 401(k) match · 2022
Employer contribution per active participant$2,144
Median for plans this size$2,266

School Innovations & Achievement's 2022 employer contribution ran below the $2,266 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$73,892 · 0.70%
Similar plansEducational Services · California
John Adams Academy CA$9.9M · 1.11%
Live Oak School CA$9.8M · 0.00%
Gradient Learning CA$9.7M · 0.01%
Stanbridge University CA$9.6M · 0.89%
Gindi Maimonides Academy CA$9.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113677426 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.