Plan Ledger DOL Form 5500 · updated monthly

The Williamsburg Charter High School403(b)

THE WILLIAMSBURG CHARTER HIGH SCHOOL 403(B) PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

The Williamsburg Charter High School reported $33,326 in plan administrative expenses for 2024: 0.71% of average plan assets, above the peer median. Employer contributions averaged $911 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 0.59% to 0.71%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New York (4,524th of 5,648), and 2,537th of 3,091 in educational services. In 2024, employees put in $2.34 for every $1.00 the employer contributed; active participation has shrunk from 130 to 108 since 2022.

Plan summary
Net assets, end of year$4,744,776
Participants with balances154
Active participants108
Employer contributions$98,437
Employee contributions$230,304
Employer contribution per active participant$911
Average account balance$30,810
Benefits paid to participants$853,320
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 154 accts · $98K emplr
2023$4.6M · 158 accts · $127K emplr
2022$3.9M · 159 accts · $137K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,581
Investment management$20,745
Total administrative$33,326
The The Williamsburg Charter High School 401(k) match · 2024
Employer contribution per active participant$911
Median for plans this size$1,313
2024$911 per active participant
2023$911 per active participant
2022$1,057 per active participant

The Williamsburg Charter High School's 2024 employer contribution ran below the $1,313 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
SENTINEL BENEFITS & FINANCIAL GROUP · Recordkeeping$12,581
WESTPORT BENEFITS GROUP · Investment advisory (plan)$20,745

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group, WESTPORT BENEFITS GROUP

This plan has changed recordkeepers within these filings. If you left The Williamsburg Charter High School before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$33,326 · 0.71%
2023$27,133 · 0.63%
2022$23,846 · 0.59%
Similar plansEducational Services · New York
Knox School NY$4.8M · 0.00%
Private Prep Nyc LLC NY$4.8M · 0.87%
Dream Charter School NY$4.5M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421624009 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.