Plan Ledger DOL Form 5500 · updated monthly

The King's Academy403(b)

THE KING'S ACADEMY 403(B) RETIREMENT PLAN · SUNNYVALE, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

The King's Academy reported $51,874 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,472 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 3 years on file its reported administrative ratio has held roughly steady near 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 4,004th-largest of 9,483 plans among California employers on file, and the 1,163rd of 3,341 in other services. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has grown from 124 to 264 since 2022.

Plan summary
Net assets, end of year$17,319,183
Participants with balances227
Active participants264
Employer contributions$652,551
Employee contributions$1,070,339
Employer contribution per active participant$2,472
Average account balance$76,296
Benefits paid to participants$2,494,248
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$17.3M · 227 accts · $653K emplr
2023$16.2M · 209 accts · $638K emplr
2022$13.5M · 189 accts · $568K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,874
Total administrative$51,874
Employer contributions to the The King's Academy plan · 2024
Employer contribution per active participant$2,472
Median for plans this size$2,416
2024$2,472 per active participant
2023$4,366 per active participant
2022$4,579 per active participant

The King's Academy's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$51,872
CHARLES SCHWAB BANK · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$51,874 · 0.31%
2023$45,521 · 0.31%
2022$40,453 · 0.32%
Same employer
Similar plansOther Services · California
Jonathan Club CA$18.3M · 0.24%
Bold North America, LLC CA$17.5M · 0.38%
Human Services Association CA$17.4M · 0.02%
Sharjo, Inc. CA$17.3M · 0.00%
Chinatown Service Centers CA$17.2M · 0.21%
Happy Money, Inc. CA$17.0M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770287771 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.