Plan Ledger DOL Form 5500 · updated monthly

Southwest Christian School, Inc.403(b)

SOUTHWEST CHRISTIAN SCHOOL 403(B) PLAN · FORT WORTH, TX · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Southwest Christian School, Inc. reported $33,653 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $909 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 0.493%. 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 (3,538th of 5,688), and 2,308th of 3,091 in educational services. In 2024, employees put in $2.53 for every $1.00 the employer contributed; active participation has grown from 191 to 221 since 2022.

Plan summary
Net assets, end of year$7,321,855
Participants with balances158
Active participants221
Employer contributions$200,999
Employee contributions$508,107
Employer contribution per active participant$909
Average account balance$46,341
Benefits paid to participants$547,696
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 158 accts · $201K emplr
2023$6.3M · 133 accts · $173K emplr
2022$5.5M · 127 accts · $162K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,653
Total administrative$33,653
Employer contributions to the Southwest Christian School, Inc. plan · 2024
Employer contribution per active participant$909
Median for plans this size$1,313
2024$909 per active participant
2023$835 per active participant
2022$850 per active participant

Southwest Christian School, Inc.'s 2024 employer contribution ran below 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$33,277
NORTHWESTERN MUTUAL WEALTH MGMT · 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.

Administrative cost history3
2024$33,653 · 0.49%
2023$28,835 · 0.49%
2022$25,075 · 0.49%
Same employer
Similar plansEducational Services · Texas
The Briarwood School TX$8.6M · 0.00%
Dallas Christian School TX$7.8M · 0.13%
Civitas Learning, Inc. TX$7.3M · 0.05%
Kalkomey Enterprises, LLC TX$6.4M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751305937 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.