Plan Ledger DOL Form 5500 · updated monthly

Valley Christian Schools401(k)

VALLEY CHRISTIAN SCHOOLS 401(K) PROFIT SHARING PLAN · CHANDLER, AZ · plan year 2024

Reported admin expense ratio · 2024
1.04%

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

Valley Christian Schools reported $46,771 in plan administrative expenses for 2024: 1.04% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,012 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 0.96% to 1.04%. 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 Arizona (836th of 1,285), and 2,514th of 3,091 in educational services. In 2024, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,990,922
Participants with balances116
Active participants203
Employer contributions$205,335
Employee contributions$404,123
Employer contribution per active participant$1,012
Average account balance$43,025
Benefits paid to participants$304,945
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 116 accts · $205K emplr
2023$4.0M · 115 accts · $212K emplr
2022$3.0M · 117 accts · $186K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,771
Total administrative$46,771
The Valley Christian Schools 401(k) match · 2024
Employer contribution per active participant$1,012
Median for plans this size$1,313
2024$1,012 per active participant
2023$1,098 per active participant
2022$962 per active participant

Valley Christian Schools'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$46,783
SILVER OAK SECURITIES INC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$46,771 · 1.04%
2023$38,634 · 1.05%
2022$27,690 · 0.96%
Similar plansEducational Services · Arizona
Northcentral University AZ$7.4M · 0.14%
Issa, LLC AZ$5.9M · 0.76%
Arizona Charter Solutions AZ$4.5M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860431878 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.