Plan Ledger DOL Form 5500 · updated monthly

Therapeutic Learning CenterProfit-sharing plan

GARFIELD PARK ACADEMY PROFIT SHARING PLAN · WILLINGBORO, NJ · plan year 2022

Reported admin expense ratio · 2022
0.11%

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

Therapeutic Learning Center reported $9,887 in plan administrative expenses for 2022: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,455 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New Jersey (1,580th of 2,419), and 2,181st of 3,091 in educational services.

Plan summary
Net assets, end of year$9,054,923
Participants with balances89
Active participants86
Employer contributions$899,109
Employee contributions—
Employer contribution per active participant$10,455
Average account balance$101,741
Benefits paid to participants$1,052,781
Plan auditUnmodified (clean) audit opinion
Employer contributions to the Therapeutic Learning Center plan · 2022
Employer contribution per active participant$10,455
Median for plans this size$1,114

Therapeutic Learning Center's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$9,887 · 0.11%
All plans at this employer2
GARFIELD PARK ACADEMY PROFIT SHARING PLANProfit-sharing plan
GARFIELD PARK ACADEMY 403(B) PLAN403(b)
Same employer
Similar plansEducational Services · New Jersey
Stevens Cooperative School NJ$10.7M · 0.00%
Allegro School Inc. NJ$9.9M · 0.33%
Hollydell, Inc. NJ$9.6M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223201547 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.