Plan Ledger DOL Form 5500 · updated monthly

Valley Achievement Center403(b)

VALLEY ACHIEVEMENT CENTER EMPLOYEE RETIREMENT SAVINGS PLAN · BAKERSFIELD, CA · plan year 2022

Reported admin expense ratio · 2022
1.50%

Valley Achievement Center reported $7,867 in plan administrative expenses for 2022: 1.50% of average plan assets, above the peer median. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in California (9,079th of 9,483), and 3,033rd of 3,091 in educational services.

Plan summary
Net assets, end of year$497,832
Participants with balances71
Active participants159
Employer contributions—
Employee contributions$62,904
Employer contribution per active participant—
Average account balance$7,012
Benefits paid to participants$29,826
Plan auditUnmodified (clean) audit opinion
AuditorCHRISTOPHER D. JACOBS, CPA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,437
Total administrative$7,867
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$7,867 · 1.50%
Same employer
Similar plansEducational Services · California
Heytutor CA$610K · 2.89%
Edtheory CA$517K · 1.19%
Art Trek Inc. CA$501K · 1.21%
Beacon Day School Inc. CA$452K · 0.32%
Alta Public Schools CA$421K · 3.83%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 954638631 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.