Plan Ledger DOL Form 5500 · updated monthly

Saint Edward's School403(b)

ST. EDWARD'S SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · VERO BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Saint Edward's School reported $15,963 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,619 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 rose from 0.01% to 0.07%. 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 1,046th-largest of 3,644 plans among Florida employers on file, and the 1,529th of 3,091 in educational services. In 2024, employees put in $1.42 for every $1.00 the employer contributed; active participation has grown from 137 to 169 since 2022.

Plan summary
Net assets, end of year$22,051,595
Participants with balances292
Active participants169
Employer contributions$442,680
Employee contributions$626,805
Employer contribution per active participant$2,619
Average account balance$75,519
Benefits paid to participants$2,920,347
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.1M · 292 accts · $443K emplr
2023$21.7M · 262 accts · $399K emplr
2022$19.5M · 275 accts · $399K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,632
Investment management$2,331
Total administrative$15,963
Employer contributions to the Saint Edward's School plan · 2024
Employer contribution per active participant$2,619
Median for plans this size$2,416
2024$2,619 per active participant
2023$2,432 per active participant
2022$2,911 per active participant

Saint Edward's School's 2024 employer contribution ran above 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 · 20241
USI CONSULTING GROUP · Claims processing · Recordkeeping$13,632

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

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

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

Administrative cost history3
2024$15,963 · 0.07%
2023$5,415 · 0.03%
2022$2,975 · 0.01%
Similar plansEducational Services · Florida
Oak Hall Private School FL$22.8M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591059214 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.