Plan Ledger DOL Form 5500 · updated monthly

Scottsdale Bible Church403(b)

SCOTTSDALE BIBLE CHURCH 403(B) PLAN · SCOTTSDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Scottsdale Bible Church reported $58,464 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $1,585 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 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is the 590th-largest of 1,285 plans among Arizona employers on file, and the 1,657th of 3,341 in other services. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has grown from 216 to 242 since 2022.

Plan summary
Net assets, end of year$9,981,290
Participants with balances187
Active participants242
Employer contributions$383,469
Employee contributions$764,324
Employer contribution per active participant$1,585
Average account balance$53,376
Benefits paid to participants$703,908
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 187 accts · $383K emplr
2023$8.2M · 185 accts · $313K emplr
2022$6.6M · 173 accts · $294K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,464
Total administrative$58,464
The Scottsdale Bible Church 401(k) match · 2024
Employer contribution per active participant$1,585
Median for plans this size$1,313
2024$1,585 per active participant
2023$1,386 per active participant
2022$1,359 per active participant

Scottsdale Bible Church's 2024 employer contribution ran above the $1,313 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
JULY BUSINESS SERVICES LLC · Recordkeeping$58,464
LPL FINANCIAL · Investment advisory (participants) · Investment advisory (plan)indirect comp

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

Recordkeeper by year2
2024July Business Services
2023July Business Services

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

Administrative cost history3
2024$58,464 · 0.64%
2023$750 · 0.01%
2022$43,288 · 0.61%
Similar plansOther Services · Arizona
Proteor USA, LLC AZ$10.3M · 0.53%
The Arizona Humane Society AZ$10.0M · 1.11%
Thermo King West, Inc. AZ$10.0M · 0.55%
Ammo Inc AZ$9.2M · 1.06%
Open Loop Energy, Inc. AZ$9.1M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860179808 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.