Plan Ledger DOL Form 5500 · updated monthly

Seabury Hall/College Preparatory School403(b)

SEABURY HALL/COLLEGE PREPARATORY SCHOOL 403(B) DC PLAN · MAKAWAO, HI · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Seabury Hall/College Preparatory School reported $18,628 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,797 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 0.03% to 0.10%. 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 the 108th-largest of 269 plans among Hawaii employers on file, and 1,633rd of 3,091 in educational services. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves; active participation has grown from 88 to 158 since 2022.

Plan summary
Net assets, end of year$18,794,398
Participants with balances234
Active participants158
Employer contributions$441,906
Employee contributions$433,366
Employer contribution per active participant$2,797
Average account balance$80,318
Benefits paid to participants$1,391,644
Plan auditUnmodified (clean) audit opinion
AuditorCARBONARO CPA'S & MANAGEMENT GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 234 accts · $442K emplr
2023$17.2M · 232 accts · $530K emplr
2022$16.0M · 211 accts · $336K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,854
Investment management$8,774
Total administrative$18,628
Employer contributions to the Seabury Hall/College Preparatory School plan · 2024
Employer contribution per active participant$2,797
Median for plans this size$2,416
2024$2,797 per active participant
2023$3,400 per active participant
2022$3,816 per active participant

Seabury Hall/College Preparatory School's 2024 employer contribution ran above 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
TIAA · Recordkeeping · Pension consulting$9,854
HIGHTOWER ADVISORS, LLC · Investment advisory (plan)$8,774

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$18,628 · 0.10%
2023$37,520 · 0.23%
2022$5,300 · 0.03%
Similar plansEducational Services · Hawaii
Hawaii Preparatory Academy HI$42.6M · 0.18%
Le Jardin Academy HI$25.0M · 0.00%
Parker School Corporation HI$12.6M · 0.00%
Hanalani Schools HI$7.7M · 0.56%
Seagull Schools, Inc. HI$3.2M · 1.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990110784 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.