Plan Ledger DOL Form 5500 · updated monthly

Special Education ServicesDC plan

SPECIAL EDUCATION SERVICES 403(B) RETIREMENT PLAN · NORTH AURORA, IL · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Special Education Services reported $12,681 in plan administrative expenses for 2024: 0.36% of average plan assets, below the peer median. Employer contributions averaged $499 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 0.21% to 0.36%. 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 Illinois (2,993rd of 3,702), and 2,543rd of 3,091 in educational services. In 2024, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,696,807
Participants with balances326
Active participants1,313
Employer contributions$655,328
Employee contributions$1,218,061
Employer contribution per active participant$499
Average account balance$14,407
Benefits paid to participants$158,587
Plan auditUnmodified (clean) audit opinion
AuditorMRJENOVICH & BERTUCCI, LTD
Plan history2
Yearassets · accounts · employer contribution
2024$4.7M · 326 accts · $655K emplr
2023$2.4M · 224 accts · $427K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,681
Total administrative$12,681
Employer contributions to the Special Education Services plan · 2024
Employer contribution per active participant$499
Median for plans this size$1,313
2024$499 per active participant
2023$2,159 per active participant

Special Education Services's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ADMIN PARTNERS · Contract administrator$6,731

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

Administrative cost history2
2024$12,681 · 0.36%
2023$5,033 · 0.21%
Same employer
Similar plansEducational Services · Illinois
Kipp Chicago Schools IL$5.5M · 0.03%
S.E.A.L. of Illinois IL$5.4M · 0.06%
Brookside Partners, LLC IL$5.4M · 0.04%
Concept Schools Nfp IL$5.1M · 0.37%
Intrinsic Schools IL$4.5M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362781597 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.