Plan Ledger DOL Form 5500 · updated monthly

Evangelical Christian School403(b)

EVANGELICAL CHRISTIAN SCHOOL EMPLOYEES' RETIREMENT PLAN · CORDOVA, TN · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Evangelical Christian School reported $38,393 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $880 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 0.52% to 0.41%. 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 Tennessee (830th of 1,496), and 2,109th of 3,091 in educational services. In 2024, employees put in $3.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,061,680
Participants with balances220
Active participants173
Employer contributions$152,175
Employee contributions$508,063
Employer contribution per active participant$880
Average account balance$45,735
Benefits paid to participants$630,321
Plan auditUnmodified (clean) audit opinion
AuditorFOUTS & MORGAN CPA'S, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 220 accts · $152K emplr
2023$8.8M · 211 accts · $148K emplr
2022$7.4M · 195 accts · $133K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,845
Investment management$15,718
Audit (IQPA)$7,830
Total administrative$38,393
Employer contributions to the Evangelical Christian School plan · 2024
Employer contribution per active participant$880
Median for plans this size$1,313
2024$880 per active participant
2023$881 per active participant
2022$815 per active participant

Evangelical Christian School's 2024 employer contribution ran below 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 · 20245
MASSACHUSETTS MUTUAL LIFE INS CO · Investment advisory (plan)$13,773
FOUTS & MORGAN CPAS PC · Accounting / audit$7,830
BURLEIGH CONSULTING GROUP · Contract administrator$5,000
EMPOWER ADVISORY GROUP, LLC · Investment management$1,946

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$38,393 · 0.41%
2023$32,461 · 0.40%
2022$37,211 · 0.52%
Same employer
Similar plansEducational Services · Tennessee
Second Harvest Food Bank TN$10.4M · 0.02%
Source 4 Solutions LLC TN$10.2M · 0.47%
Davidson Academy TN$9.5M · 0.09%
Bryan College TN$9.3M · 0.17%
Boyd Buchanan School TN$9.0M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620728732 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.