Plan Ledger DOL Form 5500 · updated monthly

Valley Christian School System403(b)

VALLEY CHRISTIAN SCHOOL SYSTEM 403(B) PLAN · CERRITOS, CA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Valley Christian School System reported $7,670 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,499 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 0.46% to 0.24%. 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 California (7,539th of 9,483), and 2,650th of 3,091 in educational services. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,659,516
Participants with balances129
Active participants102
Employer contributions$254,911
Employee contributions$505,543
Employer contribution per active participant$2,499
Average account balance$28,368
Benefits paid to participants$196,932
Plan auditUnmodified (clean) audit opinion
AuditorCAPIN CROUSE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 129 accts · $255K emplr
2023$2.7M · 123 accts · $206K emplr
2022$1.6M · 115 accts · $152K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,670
Total administrative$7,670
Employer contributions to the Valley Christian School System plan · 2024
Employer contribution per active participant$2,499
Median for plans this size$1,313
2024$2,499 per active participant
2023$2,141 per active participant
2022$1,462 per active participant

Valley Christian School System's 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$7,670 · 0.24%
2023$7,155 · 0.33%
2022$6,655 · 0.46%
Same employer
Similar plansEducational Services · California
Excelsior Charter Group CA$3.8M · 0.13%
Bloomtech CA$3.7M · 0.20%
Asher College CA$3.6M · 0.15%
Galileo Learning, LLC CA$3.4M · 0.48%
Magoosh CA$3.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951803684 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.