Plan Ledger DOL Form 5500 · updated monthly

Pensacola Christian College, Inc.401(k)

PENSACOLA CHRISTIAN COLLEGE, INC. 401(K) RETIREMENT PLAN · PENSACOLA, FL · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Pensacola Christian College, Inc. reported $152,971 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $2,581 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 0.23% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 332nd-largest of 3,644 plans among Florida employers on file, and the 555th of 3,091 in educational services. In 2024, employees put in $1.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$96,041,299
Participants with balances1,330
Active participants1,186
Employer contributions$3,060,525
Employee contributions$3,823,212
Employer contribution per active participant$2,581
Average account balance$72,212
Benefits paid to participants$4,285,240
Plan auditUnmodified (clean) audit opinion
AuditorCARR, RIGGS & INGRAM
Plan history3
Yearassets · accounts · employer contribution
2024$96.0M · 1,330 accts · $3.1M emplr
2023$83.5M · 1,416 accts · $2.7M emplr
2022$70.9M · 1,403 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$109,188
Investment management$36,433
Audit (IQPA)$7,350
Total administrative$152,971
The Pensacola Christian College, Inc. 401(k) match · 2024
Employer contribution per active participant$2,581
Median for plans this size$3,635
2024$2,581 per active participant
2023$2,270 per active participant
2022$2,035 per active participant

Pensacola Christian College, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$28,125
EMPOWER ADVISORY GROUP, LLC · Investment management$8,308
CARR, RIGGS & INGRAM, LLC · Accounting / audit$7,350

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$152,971 · 0.17%
2023$123,793 · 0.16%
2022$172,181 · 0.23%
Same employer
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Barry University FL$122.5M · 0.18%
Saint Leo University FL$119.3M · 0.14%
Lynn University, Inc. FL$102.2M · 0.08%
Img Academy Parent, LLC FL$101.1M · 0.23%
Eduserve, Inc. FL$84.0M · 0.64%
Jacksonville University FL$82.7M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590940532 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.