Plan Ledger DOL Form 5500 · updated monthly

Parkview Baptist School, Inc.401(k)

PARKVIEW BAPTIST SCHOOL, INC. RETIREMENT PLAN AND TRUST · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Parkview Baptist School, Inc. reported $72,338 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,130 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 fell from 0.71% to 0.61%. 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 376th-largest of 884 plans among Louisiana employers on file, and 1,951st of 3,091 in educational services. In 2024, employees put in $1.65 for every $1.00 the employer contributed; active participation has shrunk from 174 to 133 since 2022.

Plan summary
Net assets, end of year$12,391,523
Participants with balances208
Active participants133
Employer contributions$283,244
Employee contributions$467,929
Employer contribution per active participant$2,130
Average account balance$59,575
Benefits paid to participants$1,063,633
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.4M · 208 accts · $283K emplr
2023$11.4M · 221 accts · $273K emplr
2022$9.8M · 217 accts · $271K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,338
Investment management$20,000
Total administrative$72,338
The Parkview Baptist School, Inc. 401(k) match · 2024
Employer contribution per active participant$2,130
Median for plans this size$2,416
2024$2,130 per active participant
2023$1,833 per active participant
2022$1,555 per active participant

Parkview Baptist School, 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
NEWPORT GROUP, INC. · Recordkeeping$34,420
ROLAND CRISS FIDUCIARY SERVICES · Investment advisory (plan)$20,000
NEWPORT GROUP CONSULTING · Consulting · Pension consulting$17,918

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$72,338 · 0.61%
2023$68,943 · 0.65%
2022$65,836 · 0.71%
Same employer
Similar plansEducational Services · Louisiana
Collegiate Academies LA$12.8M · 1.11%
Firstline Schools, Inc. LA$11.3M · 0.18%
Alliance Safety Council LA$10.8M · 0.12%
Belle Chasse Academy Inc. LA$8.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720918254 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.