Plan Ledger DOL Form 5500 · updated monthly

Preston Hollow Presbyterian School403(b)

PRESTON HOLLOW PRESBYTERIAN SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · DALLAS, TX · plan year 2022

Employer contribution per participant · 2022
$1,703

Preston Hollow Presbyterian School's 2022 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 $5,975,537 across 95 participant accounts, with employer contributions averaging $1,703 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Texas (3,825th of 5,688), and 2,428th of 3,091 in educational services. In 2022, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,975,537
Participants with balances95
Active participants70
Employer contributions$119,223
Employee contributions$230,371
Employer contribution per active participant$1,703
Average account balance$62,900
Benefits paid to participants$587,516
Plan auditUnmodified (clean) audit opinion
Employer contributions to the Preston Hollow Presbyterian School plan · 2022
Employer contribution per active participant$1,703
Median for plans this size$1,114

Preston Hollow Presbyterian School's 2022 employer contribution ran above the $1,114 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.

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Source: U.S. Department of Labor, Form 5500 series, EIN 752689582 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.