Plan Ledger DOL Form 5500 · updated monthly

Lake Highland Preparatory School, Inc.403(b)

LAKE HIGHLAND PREPARATORY SCHOOL 403(B) PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Lake Highland Preparatory School, Inc. reported $64,594 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $1,418 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 0.15% to 0.16%. 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 618th-largest of 3,644 plans among Florida employers on file, and the 1,043rd of 3,091 in educational services. In 2024, employees put in $3.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,976,676
Participants with balances429
Active participants380
Employer contributions$538,711
Employee contributions$1,804,363
Employer contribution per active participant$1,418
Average account balance$97,848
Benefits paid to participants$2,707,235
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.0M · 429 accts · $539K emplr
2023$36.4M · 439 accts · $525K emplr
2022$31.1M · 447 accts · $505K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,615
Investment management$21,979
Total administrative$64,594
Employer contributions to the Lake Highland Preparatory School, Inc. plan · 2024
Employer contribution per active participant$1,418
Median for plans this size$2,416
2024$1,418 per active participant
2023$1,388 per active participant
2022$1,316 per active participant

Lake Highland 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$42,615
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$21,979
WILSHIRE ASSOCIATES INCORPORATED · Investment advisory (plan)indirect comp

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$64,594 · 0.16%
2023$48,397 · 0.14%
2022$44,079 · 0.15%
All plans at this employer2
LAKE HIGHLAND PREPARATORY SCHOOL, INC.Profit-sharing plan
LAKE HIGHLAND PREPARATORY SCHOOL 403(B) PLAN403(b)
Same employer
Similar plansEducational Services · Florida
Redvector.com, LLC FL$46.3M · 0.40%
Bethune-Cookman University FL$45.5M · 0.09%
Palm Beach Day Academy FL$36.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590624431 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.