Plan Ledger DOL Form 5500 · updated monthly

Girls Preparatory School Inc403(b)

GIRLS PREPARATORY SCHOOL 403(B) DC PLAN · CHATTANOOGA, TN · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Girls Preparatory School Inc reported $3,277 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,204 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 1 year on file its reported administrative ratio fell from 0.04% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Tennessee (794th of 1,496), and 2,021st of 3,091 in educational services. In 2023, employees put in $1.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,150,977
Participants with balances277
Active participants157
Employer contributions$346,029
Employee contributions$421,173
Employer contribution per active participant$2,204
Average account balance$40,256
Benefits paid to participants$665,163
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $323K emplr
2023$11.2M · 277 accts · $346K emplr
2022$9.0M · 273 accts · $491K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,277
Total administrative$3,277
Employer contributions to the Girls Preparatory School Inc plan · 2023
Employer contribution per active participant$2,204
Median for plans this size$2,440
2023$2,204 per active participant
2022$3,413 per active participant

Girls Preparatory School Inc's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
TIAA · Recordkeeping$2,157

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024Not separately reported
2023$3,277 · 0.03%
2022$3,289 · 0.04%
Same employer
Similar plansEducational Services · Tennessee
Presbyterian Day School TN$14.0M · 0.32%
Currey Ingram Academy TN$13.8M · 0.32%
Brentwood Academy TN$12.9M · 0.01%
Second Harvest Food Bank TN$10.4M · 0.02%
Source 4 Solutions LLC TN$10.2M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620475682 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.