Plan Ledger DOL Form 5500 · updated monthly

Firstline Schools, Inc.403(b)

FIRSTLINE SCHOOLS, INC. 403(B) PLAN · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Firstline Schools, Inc. reported $18,600 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $3,140 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 0.53% to 0.18%. 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 398th-largest of 884 plans among Louisiana employers on file, and 2,009th of 3,091 in educational services. In 2024, the employer put in $2.45 for every $1.00 employees contributed themselves; active participation has grown from 328 to 408 since 2022.

Plan summary
Net assets, end of year$11,326,892
Participants with balances535
Active participants408
Employer contributions$1,280,941
Employee contributions$523,320
Employer contribution per active participant$3,140
Average account balance$21,172
Benefits paid to participants$783,279
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 535 accts · $1.3M emplr
2023$8.8M · 481 accts · $1.3M emplr
2022$6.3M · 432 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,600
Total administrative$18,600
Employer contributions to the Firstline Schools, Inc. plan · 2024
Employer contribution per active participant$3,140
Median for plans this size$2,416
2024$3,140 per active participant
2023$3,128 per active participant
2022$3,249 per active participant

Firstline Schools, Inc.'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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$17,670
GALLAGHER BENEFIT SVCS INC · Consultingindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$18,600 · 0.18%
2023$26,856 · 0.36%
2022$28,255 · 0.53%
Similar plansEducational Services · Louisiana
Collegiate Academies LA$12.8M · 1.11%
Alliance Safety Council LA$10.8M · 0.12%
Belle Chasse Academy Inc. LA$8.6M · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 721409800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.