Plan Ledger DOL Form 5500 · updated monthly

The Thacher School403(b)

THE THACHER SCHOOL DC RETIREMENT PLAN · OJAI, CA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

The Thacher School reported $48,978 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,334 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 0.08% to 0.12%. 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 1,997th-largest of 9,483 plans among California employers on file, and the 1,027th of 3,091 in educational services. In 2024, the employer put in $1.11 for every $1.00 employees contributed themselves; active participation has shrunk from 222 to 133 since 2022.

Plan summary
Net assets, end of year$43,217,720
Participants with balances293
Active participants133
Employer contributions$1,108,408
Employee contributions$999,329
Employer contribution per active participant$8,334
Average account balance$147,501
Benefits paid to participants$4,862,610
Plan auditUnmodified (clean) audit opinion
AuditorVASQUEZ + COMPANY LLP
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $308K emplr
2024$43.2M · 293 accts · $1.1M emplr
2023$41.3M · 298 accts · $953K emplr
2022$35.1M · 294 accts · $950K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,367
Investment management$27,986
Total administrative$48,978
Employer contributions to the The Thacher School plan · 2024
Employer contribution per active participant$8,334
Median for plans this size$2,416
2024$8,334 per active participant
2023$4,275 per active participant
2022$4,279 per active participant

The Thacher School'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 · 20242
TIAA · Recordkeeping · Pension consulting$20,367
FIDUCIENT ADVISORS, LLC · Investment management$27,986

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

Recordkeeper by year3
2025TIAA
2024TIAA
2023TIAA

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

Administrative cost history4
2025Not separately reported
2024$48,978 · 0.12%
2023$59,556 · 0.16%
2022$31,702 · 0.08%
Similar plansEducational Services · California
Santa Catalina School CA$43.6M · 0.00%
The Avid Center CA$43.3M · 0.21%
Pathways in Education, Inc. CA$42.8M · 0.60%
Khan Academy, Inc. CA$41.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951642398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.