Plan Ledger DOL Form 5500 · updated monthly

Valley Christian Schools403(b)

VALLEY CHRISTIAN SCHOOLS RETIREMENT PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Valley Christian Schools reported $159,580 in plan administrative expenses for 2024: 0.30% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,235 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 0.24% to 0.30%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 1,594th-largest of 9,483 plans among California employers on file, and the 835th of 3,091 in educational services. In 2024, employees put in $1.34 for every $1.00 the employer contributed; active participation has grown from 455 to 799 since 2022.

Plan summary
Net assets, end of year$57,072,325
Participants with balances646
Active participants799
Employer contributions$2,584,815
Employee contributions$3,468,232
Employer contribution per active participant$3,235
Average account balance$88,347
Benefits paid to participants$3,653,078
Plan auditUnmodified (clean) audit opinion
AuditorCRAWFORD PIMENTAL CORPORATION
Plan history3
Yearassets · accounts · employer contribution
2024$57.1M · 646 accts · $2.6M emplr
2023$48.0M · 679 accts · $2.2M emplr
2022$39.8M · 671 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$159,580
Total administrative$159,580
Employer contributions to the Valley Christian Schools plan · 2024
Employer contribution per active participant$3,235
Median for plans this size$3,635
2024$3,235 per active participant
2023$3,317 per active participant
2022$3,687 per active participant

Valley Christian Schools's 2024 employer contribution ran below the $3,635 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$12,628

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$159,580 · 0.30%
2023$105,663 · 0.24%
2022$100,675 · 0.24%
Same employer
Similar plansEducational Services · California
Headspace, Inc. CA$59.1M · 0.08%
Fresno Pacific University CA$53.4M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941495182 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.