Plan Ledger DOL Form 5500 · updated monthly

Palmer Trinity Private School, Inc.403(b)

PALMER TRINITY SCHOOL 403(B) DC PLAN · PALMETTO BAY, FL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Palmer Trinity Private School, Inc. reported $1,712 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,633 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 1 year on file its reported administrative ratio fell from 0.007% to 0.005%. 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 734th-largest of 3,644 plans among Florida employers on file, and the 1,188th of 3,091 in educational services. In 2024, the employer put in $1.76 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$34,283,379
Participants with balances325
Active participants198
Employer contributions$917,318
Employee contributions$521,780
Employer contribution per active participant$4,633
Average account balance$105,487
Benefits paid to participants$1,197,169
Plan auditUnmodified (clean) audit opinion
AuditorVERDEJA AND ALVAREZ, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$34.3M · 325 accts · $917K emplr
2023$29.8M · 319 accts · $815K emplr
2022$25.3M · 313 accts · $793K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$735
Investment management$637
Total administrative$1,712
Employer contributions to the Palmer Trinity Private School, Inc. plan · 2024
Employer contribution per active participant$4,633
Median for plans this size$2,416
2024$4,633 per active participant
2023$4,115 per active participant
2022$3,739 per active participant

Palmer Trinity Private School, Inc.'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.

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 · 20241
TIAA$735

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$1,712 · 0.01%
2023$1,963 · 0.01%
2022Not separately reported
Same employer
Similar plansEducational Services · Florida
Palm Beach Day Academy FL$36.2M · 0.17%
Avenues New York, LLC FL$34.3M · 0.32%
British School of America FL$31.1M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237098500 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.