Plan Ledger DOL Form 5500 · updated monthly

Target Community & Educational401(k)

TARGET COMMUNITY & EDUCATIONAL SERVICES, INC. 403(B) DC AND TDA PLAN · WESTMINSTER, MD · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Target Community & Educational reported $22,304 in plan administrative expenses for 2024: 0.39% of average plan assets, below the peer median. Employer contributions averaged $601 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 0.18% to 0.39%. 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 Maryland (1,200th of 1,671), and 2,419th of 3,091 in educational services. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 242 to 268 since 2022.

Plan summary
Net assets, end of year$6,061,544
Participants with balances221
Active participants268
Employer contributions$160,974
Employee contributions$267,509
Employer contribution per active participant$601
Average account balance$27,428
Benefits paid to participants$380,469
Plan auditUnmodified (clean) audit opinion
AuditorSCHIAVI, WALLACE & ROWE, PC
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 221 accts · $161K emplr
2023$5.4M · 199 accts · $124K emplr
2022$4.4M · 142 accts · $91K emplr
The Target Community & Educational 401(k) match · 2024
Employer contribution per active participant$601
Median for plans this size$1,313
2024$601 per active participant
2023$501 per active participant
2022$374 per active participant

Target Community & Educational'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
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$16,920

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$22,304 · 0.39%
2023$18,840 · 0.39%
2022$7,416 · 0.18%
Same employer
Similar plansEducational Services · Maryland

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 521303673 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.