Plan Ledger DOL Form 5500 · updated monthly

Marine Military Academy, Inc.403(b)

MARINE MILITARY ACADEMY, INC. RETIREMENT PLAN · HARLINGEN, TX · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Marine Military Academy, Inc. reported $16,060 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,403 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 0.04% to 0.12%. 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 2,577th-largest of 5,688 plans among Texas employers on file, and 1,876th of 3,091 in educational services. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,712,029
Participants with balances167
Active participants102
Employer contributions$245,067
Employee contributions$454,231
Employer contribution per active participant$2,403
Average account balance$82,108
Benefits paid to participants$1,192,098
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.7M · 167 accts · $245K emplr
2023$12.3M · 166 accts · $266K emplr
2022$12.1M · 171 accts · $229K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,060
Total administrative$16,060
Employer contributions to the Marine Military Academy, Inc. plan · 2024
Employer contribution per active participant$2,403
Median for plans this size$2,416
2024$2,403 per active participant
2023$2,609 per active participant
2022$2,243 per active participant

Marine Military Academy, 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$14,945
PENSIONMARK FINANCIAL GROUP, LLC · 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$16,060 · 0.12%
2023$12,779 · 0.10%
2022$5,001 · 0.04%
Same employer
Similar plansEducational Services · Texas
Keystone School TX$14.2M · 0.20%
Stve-Aai Education, Inc TX$13.8M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741507957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.