Plan Ledger DOL Form 5500 · updated monthly

Westside Neighborhood School403(b)

WESTSIDE NEIGHBORHOOD SCHOOL 403(B) DC PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Westside Neighborhood School reported $91,436 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,114 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 0.82% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 3,829th-largest of 9,483 plans among California employers on file, and 1,645th of 3,091 in educational services. In 2024, employees put in $1.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,553,060
Participants with balances327
Active participants164
Employer contributions$674,719
Employee contributions$762,635
Employer contribution per active participant$4,114
Average account balance$56,737
Benefits paid to participants$1,036,145
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.6M · 327 accts · $675K emplr
2023$16.1M · 322 accts · $592K emplr
2022$11.7M · 310 accts · $562K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,439
Audit (IQPA)$1,997
Total administrative$91,436
Employer contributions to the Westside Neighborhood School plan · 2024
Employer contribution per active participant$4,114
Median for plans this size$2,416
2024$4,114 per active participant
2023$3,794 per active participant
2022$3,744 per active participant

Westside Neighborhood School's 2024 employer contribution ran above the $2,416 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 · 20244
TIAA$51,264
CLIFTON LARSON ALLEN LLP · Accounting / audit$19,950
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$12,500
RAYMOND JAMES FINANCIAL · Investment advisory (participants)$6,250

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$91,436 · 0.53%
2023$79,708 · 0.57%
2022$87,450 · 0.82%
Same employer
Similar plansEducational Services · California
Drew School CA$18.8M · 0.02%
Prospect Sierra School CA$18.0M · 0.10%
Redwood Day School CA$17.7M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953551091 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.