Plan Ledger DOL Form 5500 · updated monthly

Liberty Educational Ministries Incorporated401(k)

LIBERTY CHRISTIAN SCHOOL 401(K) PLAN · ARGYLE, TX · plan year 2025

Reported admin expense ratio · 2025
0.45%

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

Liberty Educational Ministries Incorporated reported $54,373 in plan administrative expenses for 2025: 0.45% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,612 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 4 years on file its reported administrative ratio has held roughly steady near 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other educational services employers. By assets it is the 2,691st-largest of 5,688 plans among Texas employers on file, and 1,928th of 3,091 in educational services. In 2025, employees put in $2.57 for every $1.00 the employer contributed; active participation has grown from 203 to 251 since 2022.

Plan summary
Net assets, end of year$12,759,905
Participants with balances322
Active participants251
Employer contributions$404,722
Employee contributions$1,038,557
Employer contribution per active participant$1,612
Average account balance$39,627
Benefits paid to participants$1,665,632
Plan auditUnmodified (clean) audit opinion
AuditorFREEMON, SHAPARD & STORY
Plan history4
Yearassets · accounts · employer contribution
2025$12.8M · 322 accts · $405K emplr
2024$11.3M · 299 accts · $378K emplr
2023$9.8M · 289 accts · $347K emplr
2022$8.0M · 265 accts · $293K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$54,373
Total administrative$54,373
The Liberty Educational Ministries Incorporated 401(k) match · 2025
Employer contribution per active participant$1,612
Median for plans this size$2,666
2025$1,612 per active participant
2024$1,394 per active participant
2023$1,341 per active participant
2022$1,444 per active participant

Liberty Educational Ministries Incorporated's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$21,688
NOVA 401(K) ASSOCIATES · Contract administratorindirect comp

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

Administrative cost history4
2025$54,373 · 0.45%
2024$47,811 · 0.45%
2023$39,870 · 0.45%
2022$37,924 · 0.44%
Same employer
Similar plansEducational Services · Texas
Ips Enterprises, Inc. TX$10.7M · 1.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752316143 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.