Plan Ledger DOL Form 5500 · updated monthly

Canterbury School of Florida, Inc.403(b)

CANTERBURY SCHOOL OF FLORIDA, INC. 403(B) PLAN · ST. PETERSBURG, FL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Canterbury School of Florida, Inc. reported $1,691 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,392 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 0.00% to 0.03%. 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 Florida (2,419th of 3,644), and 2,481st of 3,091 in educational services. In 2024, employees put in $1.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,388,340
Participants with balances143
Active participants63
Employer contributions$87,666
Employee contributions$107,969
Employer contribution per active participant$1,392
Average account balance$37,681
Benefits paid to participants$676,108
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 143 accts · $88K emplr
2023$5.1M · 147 accts · $78K emplr
2022$4.3M · 155 accts · $78K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,691
Total administrative$1,691
Employer contributions to the Canterbury School of Florida, Inc. plan · 2024
Employer contribution per active participant$1,392
Median for plans this size$1,313
2024$1,392 per active participant
2023$1,132 per active participant
2022$1,132 per active participant

Canterbury School of Florida, Inc.'s 2024 employer contribution ran above 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 · 20241
TIAA$1,691

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$1,691 · 0.03%
2023$962 · 0.02%
2022$43 · 0.00%
Similar plansEducational Services · Florida
All Saints Academy FL$5.7M · 0.00%
Edward Waters University FL$5.4M · 0.01%
Hodges University, Inc. FL$5.4M · 0.08%
The Pepin Academies, Inc. FL$4.5M · 0.90%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 591218022 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.