Plan Ledger DOL Form 5500 · updated monthly

Francis Parker School of Louisville, Inc.403(b)

FRANCIS PARKER SCHOOL OF LOUISVILLE, INC. RETIREMENT PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Francis Parker School of Louisville, Inc. reported $22,306 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $2,248 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 0.28% to 0.20%. 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 425th-largest of 871 plans among Kentucky employers on file, and 1,970th of 3,091 in educational services. In 2024, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,035,965
Participants with balances156
Active participants85
Employer contributions$191,103
Employee contributions$349,918
Employer contribution per active participant$2,248
Average account balance$77,154
Benefits paid to participants$844,909
Plan auditUnmodified (clean) audit opinion
AuditorJONES, NALE & MATTINGLY PLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 156 accts · $191K emplr
2023$10.8M · 144 accts · $209K emplr
2022$10.0M · 150 accts · $191K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,306
Total administrative$22,306
Employer contributions to the Francis Parker School of Louisville, Inc. plan · 2024
Employer contribution per active participant$2,248
Median for plans this size$2,416
2024$2,248 per active participant
2023$3,270 per active participant
2022$2,424 per active participant

Francis Parker School of Louisville, Inc.'s 2024 employer contribution ran below 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
STEGNER INVESTMENT ASSOCIATES, INC. · Investment advisory (plan)$20,000
CAPITAL GROUP RETIREMENT PLAN SERV$7,160

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$22,306 · 0.20%
2023$31,293 · 0.30%
2022$26,791 · 0.28%
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 310896538 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.