Plan Ledger DOL Form 5500 · updated monthly

The Seed Public Charter School of Washington, Dc403(b)

THE SEED PUBLIC CHARTER SCHOOL OF WASHINGTON DEFINED CONTRIBUTION RETIREMENT PLAN · WASHINGTON, DC · plan year 2023

Reported admin expense ratio · 2023
0.00%

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

The Seed Public Charter School of Washington, Dc reported $150 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $706 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 0.001% to 0.002%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in District of Columbia (435th of 618), and 2,103rd of 3,091 in educational services. In 2023, the employer put in $1.18 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$10,152,381
Participants with balances492
Active participants228
Employer contributions$160,993
Employee contributions$136,990
Employer contribution per active participant$706
Average account balance$20,635
Benefits paid to participants$402,265
Plan auditDisclaimer of opinion
AuditorRSM US LLP
Plan history2
Yearassets · accounts · employer contribution
2023$10.2M · 492 accts · $161K emplr
2022$9.0M · 482 accts · $145K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$150
Total administrative$150
Employer contributions to the The Seed Public Charter School of Washington, Dc plan · 2023
Employer contribution per active participant$706
Median for plans this size$1,308
2023$706 per active participant
2022$640 per active participant

The Seed Public Charter School of Washington, Dc's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
TIAA - TEACHERS INS AND ANNUITY · Recordkeeping$300

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

Administrative cost history2
2023$150 · 0.00%
2022$100 · 0.00%
Similar plansEducational Services · District of Columbia
Common Cause Education Fund DC$13.4M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522099612 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.