Plan Ledger DOL Form 5500 · updated monthly

Sacred Heart Schools, Inc.401(k)

SACRED HEART SCHOOLS, INC. 401(K) PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Sacred Heart Schools, Inc. reported $102,184 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $2,186 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 0.48% to 0.45%. 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 251st-largest of 871 plans among Kentucky employers on file, and the 1,440th of 3,091 in educational services. In 2024, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,300,965
Participants with balances392
Active participants290
Employer contributions$633,914
Employee contributions$1,336,045
Employer contribution per active participant$2,186
Average account balance$61,992
Benefits paid to participants$1,755,366
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.3M · 392 accts · $634K emplr
2023$21.4M · 366 accts · $607K emplr
2022$17.4M · 365 accts · $551K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$93,366
Investment management$8,818
Total administrative$102,184
The Sacred Heart Schools, Inc. 401(k) match · 2024
Employer contribution per active participant$2,186
Median for plans this size$2,416
2024$2,186 per active participant
2023$2,070 per active participant
2022$1,967 per active participant

Sacred Heart Schools, 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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$4,480
ENVESTNET RETIREMENT SOLUTIONS, LLC · Investment advisory (plan)$4,338
ROBERT W BAIRD & CO INCORPORATEDindirect comp

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$102,184 · 0.45%
2023$84,625 · 0.44%
2022$79,011 · 0.48%
Same employer
Similar plansEducational Services · Kentucky
Alice Lloyd College KY$27.6M · 0.07%
The Lexington School KY$27.3M · 0.12%
Union College Kentucky KY$18.5M · 0.17%
Midway University, Inc. KY$16.9M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611181710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.