Plan Ledger DOL Form 5500 · updated monthly

Voices College-Bound Language Academies401(k)

VOICES COLLEGE-BOUND LANGUAGE ACADEMIES 401(K) PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Voices College-Bound Language Academies reported $22,915 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $263 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 0.61% to 0.96%. 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 (8,100th of 9,483), and 2,801st of 3,091 in educational services. In 2024, employees put in $4.39 for every $1.00 the employer contributed; active participation has grown from 178 to 251 since 2022.

Plan summary
Net assets, end of year$2,462,765
Participants with balances176
Active participants251
Employer contributions$66,023
Employee contributions$289,911
Employer contribution per active participant$263
Average account balance$13,993
Benefits paid to participants$464,367
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 176 accts · $66K emplr
2023$2.3M · 284 accts · $144K emplr
2022$1.7M · 284 accts · $148K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,915
Total administrative$22,915
The Voices College-Bound Language Academies 401(k) match · 2024
Employer contribution per active participant$263
Median for plans this size$1,313
2024$263 per active participant
2023$810 per active participant
2022$829 per active participant

Voices College-Bound Language Academies's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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.

Service providers · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$7,056

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$22,915 · 0.96%
2023$10,902 · 0.54%
2022$10,866 · 0.61%
Same employer
Similar plansEducational Services · California
Western Christian Schools CA$2.6M · 0.01%
Inclusion Services LLC CA$2.5M · 0.29%
Ace Charter School CA$2.2M · 0.62%
QE2 Systems Inc CA$2.1M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204741060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.