Plan Ledger DOL Form 5500 · updated monthly

Sci Acquisition Co., Inc.401(k)

TOL 401(K) RETIREMENT PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
1.40%

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

Sci Acquisition Co., Inc. reported $68,113 in plan administrative expenses for 2024: 1.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $211 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 0.66% to 1.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Texas (3,976th of 5,688), and 2,488th of 3,091 in educational services. In 2024, employees put in $8.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,289,933
Participants with balances432
Active participants431
Employer contributions$90,953
Employee contributions$810,172
Employer contribution per active participant$211
Average account balance$12,245
Benefits paid to participants$561,731
Plan auditUnmodified (clean) audit opinion
AuditorWEWORSKI AND ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 432 accts · $91K emplr
2023$4.4M · 423 accts · $128K emplr
2022$3.5M · 442 accts · $134K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,984
Investment management$17,129
Total administrative$68,113
The Sci Acquisition Co., Inc. 401(k) match · 2024
Employer contribution per active participant$211
Median for plans this size$1,313
2024$211 per active participant
2023$302 per active participant
2022$307 per active participant

Sci Acquisition Co., Inc.'s 2024 employer contribution ran below the $1,313 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
LINCOLN NATIONAL CORPORATION · Contract administrator$50,984
PROCOURSE FIDUCIARY ADVISORS · Investment advisory (plan)$17,129

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$68,113 · 1.40%
2023$40,653 · 1.03%
2022$23,806 · 0.66%
Same employer
Similar plansEducational Services · Texas
Engage! Learning, LLC TX$5.6M · 0.42%
Coram Deo Academy, Inc. TX$5.6M · 0.35%
Progress Learning, LLC TX$5.2M · 0.36%
Genesys Works TX$3.9M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270654500 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.