Plan Ledger DOL Form 5500 · updated monthly

Shorecrest Preparatory School403(b)

SHORECREST PREPARATORY SCHOOL 403(B) DC PLAN · ST. PETERSBURG, FL · plan year 2025

Reported admin expense ratio · 2025
0.27%

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

Shorecrest Preparatory School reported $65,623 in plan administrative expenses for 2025: 0.27% of average plan assets, below the peer median. Employer contributions averaged $4,213 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 rose from 0.22% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other educational services employers. By assets it is the 912th-largest of 3,644 plans among Florida employers on file, and the 1,398th of 3,091 in educational services. In 2025, the employer put in $1.09 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$26,061,323
Participants with balances409
Active participants201
Employer contributions$846,890
Employee contributions$779,067
Employer contribution per active participant$4,213
Average account balance$63,720
Benefits paid to participants$2,271,212
Plan auditDisclaimer of opinion
Plan history4
Yearassets · accounts · employer contribution
2025$26.1M · 409 accts · $847K emplr
2024$23.0M · 395 accts · $839K emplr
2023$20.8M · 383 accts · $748K emplr
2022$17.5M · 368 accts · $718K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$65,623
Total administrative$65,623
Employer contributions to the Shorecrest Preparatory School plan · 2025
Employer contribution per active participant$4,213
Median for plans this size$2,666
2025$4,213 per active participant
2024$4,152 per active participant
2023$4,044 per active participant
2022$3,684 per active participant

Shorecrest Preparatory School's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
TIAA$38,545
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$21,281

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

Administrative cost history4
2025$65,623 · 0.27%
2024$64,733 · 0.30%
2023$47,370 · 0.25%
2022$41,892 · 0.22%
Same employer
Similar plansEducational Services · Florida
British School of America FL$31.1M · 0.19%
Bisk Education, Inc. FL$30.0M · 0.11%
Community School of Naples FL$28.8M · 0.31%
Oak Hall Private School FL$22.8M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237412158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.