Plan Ledger DOL Form 5500 · updated monthly

Christian Academy School System403(b)

CHRISTIAN ACADEMY SCHOOL SYSTEM 403(B) PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Christian Academy School System reported $114,076 in plan administrative expenses for 2024: 0.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $240 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 0.83% to 0.70%. 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 342nd-largest of 871 plans among Kentucky employers on file, and 1,739th of 3,091 in educational services. In 2024, employees put in $5.80 for every $1.00 the employer contributed; active participation has grown from 773 to 884 since 2022.

Plan summary
Net assets, end of year$16,580,189
Participants with balances285
Active participants884
Employer contributions$211,844
Employee contributions$1,228,212
Employer contribution per active participant$240
Average account balance$58,176
Benefits paid to participants$2,386,317
Plan auditDisclaimer of opinion
AuditorCAPIN CROUSE
Plan history3
Yearassets · accounts · employer contribution
2024$16.6M · 285 accts · $212K emplr
2023$15.9M · 290 accts · $206K emplr
2022$13.9M · 286 accts · $188K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,394
Investment management$38,182
Audit (IQPA)$16,500
Total administrative$114,076
Employer contributions to the Christian Academy School System plan · 2024
Employer contribution per active participant$240
Median for plans this size$2,416
2024$240 per active participant
2023$259 per active participant
2022$243 per active participant

Christian Academy School System's 2024 employer contribution ran below the $2,416 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 · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$58,435
ROBERT W. BAIRD & CO. INC. · Investment advisory (plan)$38,182
CAPIN CROUSE LLP · Accounting / audit$16,500

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$114,076 · 0.70%
2023$113,092 · 0.76%
2022$109,197 · 0.83%
Same employer
Similar plansEducational Services · Kentucky
Union College Kentucky KY$18.5M · 0.17%
Midway University, Inc. KY$16.9M · 0.22%
Partners for Rural Impact KY$9.1M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610907309 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.