Plan Ledger DOL Form 5500 · updated monthly

Sayre School403(b)

SAYRE SCHOOL 403(B) DC PLAN · LEXINGTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Sayre School reported $103,979 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,785 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 0.73% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 302nd-largest of 871 plans among Kentucky employers on file, and the 1,089th of 3,341 in other services. In 2024, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,095,898
Participants with balances264
Active participants157
Employer contributions$280,310
Employee contributions$494,715
Employer contribution per active participant$1,785
Average account balance$72,333
Benefits paid to participants$602,034
Plan auditUnmodified (clean) audit opinion
AuditorFAULKNER, KING AND WENZ, PSC
Plan history3
Yearassets · accounts · employer contribution
2024$19.1M · 264 accts · $280K emplr
2023$17.0M · 264 accts · $272K emplr
2022$14.9M · 264 accts · $239K emplr
Administrative expenses, itemized · 2024
Investment management$103,979
Total administrative$103,979
Employer contributions to the Sayre School plan · 2024
Employer contribution per active participant$1,785
Median for plans this size$2,416
2024$1,785 per active participant
2023$1,518 per active participant
2022$1,379 per active participant

Sayre School'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 · 20242
PLANPILOT, LLC$23,319
TIAA$22,637

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$103,979 · 0.58%
2023$111,114 · 0.70%
2022$122,405 · 0.73%
Same employer
Similar plansOther Services · Kentucky
Atlas Machine & Supply Inc. KY$29.4M · 0.40%
Community Action Council KY$22.3M · 0.03%
Shelbyville Laundry Inc. KY$19.8M · 0.64%
Stc Management Group, LLC KY$19.0M · 0.62%
S & S Firestone, Inc. KY$17.0M · 0.53%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 610449657 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.