Plan Ledger DOL Form 5500 · updated monthly

Gulliver Preparatory School, Inc.401(k)

GULLIVER PREPARATORY SCHOOL, INC. EMPLOYEE SAVINGS & RETIREMENT PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Gulliver Preparatory School, Inc. reported $6,961 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,355 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 rose from 0.011% to 0.014%. 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 515th-largest of 3,644 plans among Florida employers on file, and the 873rd of 3,091 in educational services. In 2024, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$53,024,580
Participants with balances492
Active participants567
Employer contributions$1,335,068
Employee contributions$2,932,393
Employer contribution per active participant$2,355
Average account balance$107,774
Benefits paid to participants$2,458,765
Plan auditUnmodified (clean) audit opinion
AuditorVERDEJA & DE ARMAS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$53.0M · 492 accts · $1.3M emplr
2023$45.5M · 482 accts · $1.2M emplr
2022$37.8M · 482 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,961
Total administrative$6,961
The Gulliver Preparatory School, Inc. 401(k) match · 2024
Employer contribution per active participant$2,355
Median for plans this size$2,416
2024$2,355 per active participant
2023$2,128 per active participant
2022$2,046 per active participant

Gulliver Preparatory School, 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 · 20241

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$6,961 · 0.01%
2023$6,601 · 0.02%
2022$4,712 · 0.01%
Same employer
Similar plansEducational Services · Florida
Miami Country Day School FL$58.3M · 0.18%
Flagler College FL$56.4M · 0.39%
Uma Education, Inc. FL$55.9M · 0.28%
Viking Holding Company, LLC FL$47.8M · 0.52%
The Benjamin School FL$47.2M · 0.13%
Redvector.com, LLC FL$46.3M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650900712 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.