Plan Ledger DOL Form 5500 · updated monthly

Bayes Achievement Center401(k)

BAYES ACHIEVEMENT CENTER 401(K) PROFIT SHARING PLAN · HUNTSVILLE, TX · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Bayes Achievement Center reported $20,804 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,747 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 0.19% to 0.21%. 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 Texas (2,970th of 5,688), and 2,062nd of 3,091 in educational services. In 2024, the employer put in $1.12 for every $1.00 employees contributed themselves; active participation has grown from 129 to 144 since 2022.

Plan summary
Net assets, end of year$10,671,146
Participants with balances230
Active participants144
Employer contributions$395,520
Employee contributions$353,254
Employer contribution per active participant$2,747
Average account balance$46,396
Benefits paid to participants$166,243
Plan auditUnmodified (clean) audit opinion
AuditorRILEY AND COMPANY PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 230 accts · $396K emplr
2023$9.1M · 218 accts · $390K emplr
2022$7.6M · 185 accts · $359K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,804
Total administrative$20,804
The Bayes Achievement Center 401(k) match · 2024
Employer contribution per active participant$2,747
Median for plans this size$1,313
2024$2,747 per active participant
2023$2,534 per active participant
2022$2,780 per active participant

Bayes Achievement Center'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.

Service providers · 20242
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$7,242
VOYA RETIREMENT INS AND ANNUITY CO · Other servicesindirect 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$20,804 · 0.21%
2023$12,825 · 0.15%
2022$15,371 · 0.19%
Same employer
Similar plansEducational Services · Texas
Ips Enterprises, Inc. TX$10.7M · 1.76%
Accelerate Learning Inc. TX$10.4M · 0.27%
Brighton Center TX$10.3M · 0.44%
The Post Oak School TX$10.1M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760398297 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.