Plan Ledger DOL Form 5500 · updated monthly

Hilton Head Preparatory School403(b)

HILTON HEAD PREPARATORY SCHOOL 403(B) DC PLAN · HILTON HEAD ISLAND, SC · plan year 2022

Reported admin expense ratio · 2022
0.00%

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

Hilton Head Preparatory School reported $335 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,610 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in South Carolina (487th of 807), and 2,273rd of 3,091 in educational services. In 2022, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,805,282
Participants with balances144
Active participants85
Employer contributions$136,839
Employee contributions$269,826
Employer contribution per active participant$1,610
Average account balance$54,203
Benefits paid to participants$1,290,069
Plan auditUnmodified (clean) audit opinion
AuditorBLANKENSHIP CPA GROUP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $173K emplr
2022$7.8M · 144 accts · $137K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$335
Total administrative$335
Employer contributions to the Hilton Head Preparatory School plan · 2022
Employer contribution per active participant$1,610
Median for plans this size$1,114

Hilton Head Preparatory School's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$335 · 0.00%
Similar plansEducational Services · South Carolina
Southside Christian School SC$12.8M · 0.21%
Meeting Street Schools SC$9.7M · 0.97%
Legacy Advancement SC$7.1M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237126823 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.