Plan Ledger DOL Form 5500 · updated monthly

Salpointe Catholic High School401(k)

SALPOINTE CATHOLIC HIGH SCHOOL CASH OR DEFERRED PROFIT SHARING · TUCSON, AZ · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Salpointe Catholic High School reported $64,746 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $3,860 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 0.43% to 0.38%. 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 395th-largest of 1,285 plans among Arizona employers on file, and 1,680th of 3,091 in educational services. In 2024, employees put in $1.44 for every $1.00 the employer contributed; active participation has grown from 121 to 136 since 2022.

Plan summary
Net assets, end of year$17,823,298
Participants with balances188
Active participants136
Employer contributions$524,915
Employee contributions$755,721
Employer contribution per active participant$3,860
Average account balance$94,805
Benefits paid to participants$2,188,347
Plan auditUnmodified (clean) audit opinion
AuditorHEINFELD MEECH & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$17.8M · 188 accts · $525K emplr
2023$16.7M · 183 accts · $458K emplr
2022$13.7M · 184 accts · $477K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,763
Investment management$40,983
Total administrative$64,746
The Salpointe Catholic High School 401(k) match · 2024
Employer contribution per active participant$3,860
Median for plans this size$2,416
2024$3,860 per active participant
2023$3,752 per active participant
2022$3,938 per active participant

Salpointe Catholic High 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 · 20242
WELLSPRING FINANCIAL PARTNERS, LLC · Recordkeeping · Trustee$40,983
ADP, INC. · Loan processing · Recordkeeping$23,762

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

Recordkeeper by year2
2024ADP, WELLSPRING FINANCIAL PARTNERS, LLC
2023ADP, WELLSPRING FINANCIAL PARTNERS, LLC

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

Administrative cost history3
2024$64,746 · 0.38%
2023$57,426 · 0.38%
2022$65,724 · 0.43%
Similar plansEducational Services · Arizona
Charter One, LLC AZ$33.2M · 1.10%
Legacy Traditional Schools AZ$32.5M · 0.28%
Eduvision, Inc. AZ$17.2M · 1.08%
Parchment LLC AZ$15.6M · 0.51%
Prescott College AZ$14.8M · 0.02%
Vertex Education, LLC AZ$12.9M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860705131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.