Plan Ledger DOL Form 5500 · updated monthly

The Avid Center403(b)

AVID CENTER RETIREMENT PLAN 403(B) · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

The Avid Center reported $83,046 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $10,180 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 fell from 0.26% to 0.21%. 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 1,992nd-largest of 9,483 plans among California employers on file, and the 1,025th of 3,091 in educational services. In 2024, the employer put in $1.01 for every $1.00 employees contributed themselves; active participation has grown from 275 to 305 since 2022.

Plan summary
Net assets, end of year$43,297,318
Participants with balances385
Active participants305
Employer contributions$3,104,925
Employee contributions$3,076,240
Employer contribution per active participant$10,180
Average account balance$112,461
Benefits paid to participants$4,431,690
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.3M · 385 accts · $3.1M emplr
2023$36.3M · 375 accts · $2.8M emplr
2022$28.9M · 359 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,046
Total administrative$83,046
Employer contributions to the The Avid Center plan · 2024
Employer contribution per active participant$10,180
Median for plans this size$2,416
2024$10,180 per active participant
2023$9,484 per active participant
2022$5,279 per active participant

The Avid Center'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 · 20245
PRINCIPAL LIFE INSURANCE CO · Contract administrator · Loan processing$83,046
LINCOLN NATIONAL CORPORATIONS · Contract administrator$125
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp
ACTUARIAL BENEFITS CORPORATION · Other servicesindirect comp
WEALTH ADVISORY SERVICES, LLC · Investment advisory (plan)indirect comp

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$83,046 · 0.21%
2023$87,832 · 0.27%
2022$78,942 · 0.26%
Same employer
Similar plansEducational Services · California
Santa Catalina School CA$43.6M · 0.00%
The Thacher School CA$43.2M · 0.12%
Pathways in Education, Inc. CA$42.8M · 0.60%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 330522594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.