Montverde Academy403(b)
MONTVERDE ACADEMY RETIREMENT PLAN · MONTVERDE, FL · plan year 2024
Montverde Academy's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $15,069,335 across 474 participant accounts, with employer contributions averaging $4,643 per active participant. See methodology for what Form 5500 does and doesn't capture.
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 1,363rd-largest of 3,644 plans among Florida employers on file, and 1,810th of 3,091 in educational services. active participation has grown from 230 to 254 since 2022.
Montverde Academy's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 590657329 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.