Plan Ledger DOL Form 5500 · updated monthly

San Antonio Academy of Texas403(b)

SAN ANTONIO ACADEMY DEFINED CONTRIBUTION RETIREMENT PLAN · SAN ANTONIO, TX · plan year 2023

Reported admin expense ratio · 2023
0.47%

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

San Antonio Academy of Texas reported $41,149 in plan administrative expenses for 2023: 0.47% of average plan assets, below the peer median. Employer contributions averaged $2,870 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 0.28% to 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Texas (3,141st of 5,688), and 2,161st of 3,091 in educational services. In 2023, employees put in $1.14 for every $1.00 the employer contributed; active participation has grown from 88 to 121 since 2022.

Plan summary
Net assets, end of year$9,458,312
Participants with balances156
Active participants121
Employer contributions$347,265
Employee contributions$394,810
Employer contribution per active participant$2,870
Average account balance$60,630
Benefits paid to participants$626,570
Plan auditUnmodified (clean) audit opinion
AuditorRANDY WALKER & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 158 accts · $339K emplr
2023$9.5M · 156 accts · $347K emplr
2022$8.2M · 158 accts · $317K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$41,149
Total administrative$41,149
The San Antonio Academy of Texas 401(k) match · 2023
Employer contribution per active participant$2,870
Median for plans this size$1,308
2024$3,648 per active participant
2023$2,870 per active participant
2022$3,597 per active participant

San Antonio Academy of Texas's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PENSIONMARK FINANCIAL GROUP · Investment advisory (plan)$19,850
EMPOWER ADVISORY GROUP, LLC · Investment management$13,100

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$50,277 · 0.53%
2023$41,149 · 0.47%
2022$26,555 · 0.28%
Similar plansEducational Services · Texas
Accelerate Learning Inc. TX$10.4M · 0.27%
Brighton Center TX$10.3M · 0.44%
The Post Oak School TX$10.1M · 0.37%
Aceable, Inc. TX$8.7M · 1.11%
The Briarwood School TX$8.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 740878670 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.