Plan Ledger DOL Form 5500 · updated monthly

Savannah Christian Preparatory School, Inc.401(k)

SAVANNAH CHRISTIAN PREPARATORY SCHOOL, INC. 401(K) PLAN · GARDEN CITY, GA · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Savannah Christian Preparatory School, Inc. reported $50,727 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $470 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 3 years on file its reported administrative ratio has held roughly steady near 0.49%. 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 among the smaller plans on file in Georgia (1,205th of 2,160), and 2,050th of 3,091 in educational services. In 2024, employees put in $3.43 for every $1.00 the employer contributed; active participation has grown from 192 to 316 since 2022.

Plan summary
Net assets, end of year$10,726,319
Participants with balances121
Active participants316
Employer contributions$148,519
Employee contributions$509,946
Employer contribution per active participant$470
Average account balance$88,647
Benefits paid to participants$999,531
Plan auditUnmodified (clean) audit opinion
AuditorCAINES, HODGES & COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 121 accts · $149K emplr
2023$9.8M · 115 accts · $135K emplr
2022$8.3M · 112 accts · $127K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,850
Investment management$24,877
Total administrative$50,727
The Savannah Christian Preparatory School, Inc. 401(k) match · 2024
Employer contribution per active participant$470
Median for plans this size$2,416
2024$470 per active participant
2023$661 per active participant
2022$661 per active participant

Savannah Christian Preparatory School, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STIFEL NICOLAUS & CO INC · Investment advisory (plan)$24,877

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$50,727 · 0.49%
2023$44,262 · 0.49%
2022$38,414 · 0.48%
Same employer
Similar plansEducational Services · Georgia
United Parents, Inc. GA$11.6M · 0.48%
The Children's School, Inc. GA$11.1M · 0.26%
High Meadows School, Inc. GA$10.5M · 0.02%
Landmark Christian School GA$10.0M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 586010529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.