Plan Ledger DOL Form 5500 · updated monthly

Timothy Christian Schools403(b)

TIMOTHY CHRISTIAN SCHOOLS 403(B) PLAN · ELMHURST, IL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Timothy Christian Schools reported $1,085 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,264 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 fell from 0.03% to 0.02%. 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 Illinois (2,804th of 3,702), and 2,401st of 3,091 in educational services. In 2024, employees put in $1.70 for every $1.00 the employer contributed; active participation has grown from 116 to 137 since 2022.

Plan summary
Net assets, end of year$6,293,044
Participants with balances125
Active participants137
Employer contributions$310,123
Employee contributions$525,692
Employer contribution per active participant$2,264
Average account balance$50,344
Benefits paid to participants$36,137
Plan auditUnmodified (clean) audit opinion
AuditorCAPIN CROUSE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 125 accts · $310K emplr
2023$4.8M · 115 accts · $276K emplr
2022$3.5M · 109 accts · $258K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,085
Total administrative$1,085
Employer contributions to the Timothy Christian Schools plan · 2024
Employer contribution per active participant$2,264
Median for plans this size$1,313
2024$2,264 per active participant
2023$2,212 per active participant
2022$2,228 per active participant

Timothy Christian Schools's 2024 employer contribution ran above 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.

Administrative cost history3
2024$1,085 · 0.02%
2023$1,115 · 0.03%
2022$1,308 · 0.03%
Same employer
Similar plansEducational Services · Illinois
Distinctive Schools IL$7.7M · 0.96%
After School Matters IL$6.3M · 0.27%
Depaul College Prep IL$5.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361870590 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.