Plan Ledger DOL Form 5500 · updated monthly

Manned Space Flight Education Foundation, Inc.403(b)

MANNED SPACE FLIGHT EDUCATION FOUNDATION 403(B) PLAN · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.35%

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

Manned Space Flight Education Foundation, Inc. reported $21,416 in plan administrative expenses for 2023: 0.35% of average plan assets, below the peer median. Employer contributions averaged $1,038 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 3 years on file its reported administrative ratio has held roughly steady near 0.37%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Texas (3,678th of 5,688), and 2,359th of 3,091 in educational services. In 2023, employees put in $2.19 for every $1.00 the employer contributed; active participation has shrunk from 318 to 258 since 2022.

Plan summary
Net assets, end of year$6,666,901
Participants with balances204
Active participants258
Employer contributions$267,791
Employee contributions$585,483
Employer contribution per active participant$1,038
Average account balance$32,681
Benefits paid to participants$711,682
Plan auditUnmodified (clean) audit opinion
AuditorSAVILLE CPA'S AND ADVISORS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 230 accts · $318K emplr
2023$6.7M · 204 accts · $268K emplr
2022$5.6M · 184 accts · $265K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,463
Investment management$17,953
Total administrative$21,416
Employer contributions to the Manned Space Flight Education Foundation, Inc. plan · 2023
Employer contribution per active participant$1,038
Median for plans this size$1,308
2024$782 per active participant
2023$1,038 per active participant
2022$834 per active participant

Manned Space Flight Education Foundation, Inc.'s 2023 employer contribution ran below the $1,308 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
EMPOWER ANNUITY INSURANCE COMPANY · Investment management$18,948

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$24,389 · 0.37%
2023$21,416 · 0.35%
2022$22,124 · 0.36%
Same employer
Similar plansEducational Services · Texas
Dallas Christian School TX$7.8M · 0.13%
Civitas Learning, Inc. TX$7.3M · 0.05%
Kalkomey Enterprises, LLC TX$6.4M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760217152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.