Plan Ledger DOL Form 5500 · updated monthly

The Harker SchoolMoney purchase plan

THE HARKER SCHOOL 401(A) DEFINED CONTRIBUTION PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

The Harker School reported $157,589 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $7,172 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 0.17% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 1,281st-largest of 9,483 plans among California employers on file, and the 691st of 3,091 in educational services.

Plan summary
Net assets, end of year$73,291,510
Participants with balances856
Active participants527
Employer contributions$3,779,850
Employee contributions—
Employer contribution per active participant$7,172
Average account balance$85,621
Benefits paid to participants$4,019,581
Plan auditUnmodified (clean) audit opinion
AuditorRLA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$73.3M · 856 accts · $3.8M emplr
2023$70.6M · 873 accts · $3.5M emplr
2022$59.6M · 841 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Investment management$157,589
Total administrative$157,589
Employer contributions to the The Harker School plan · 2024
Employer contribution per active participant$7,172
Median for plans this size$3,635
2024$7,172 per active participant
2023$6,284 per active participant
2022$6,234 per active participant

The Harker School's 2024 employer contribution ran above the $3,635 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 · 20242
FIDUCIARY BENEFITS GROUP INC$131,381
TIAA- TEACHERS INSURANCE & ANNUITY · Plan administrator$64,527

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$157,589 · 0.22%
2023$111,874 · 0.17%
2022$101,039 · 0.17%
All plans at this employer2
THE HARKER SCHOOL 401(A) DEFINED CONTRIBUTION PLANMoney purchase plan
THE HARKER SCHOOL 403(B) TAX DEFERRED ANNUITY PLAN403(b)
Same employer
Similar plansEducational Services · California
Westmont College CA$85.1M · 0.13%
The Bishop's School CA$79.1M · 0.12%
Kipp Bay Area Schools CA$67.3M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941613808 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.