Plan Ledger DOL Form 5500 · updated monthly

St. Marks School of Texas403(b)

ST. MARKS SCHOOL OF TEXAS MATCHING PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

St. Marks School of Texas reported $8,730 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,136 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 0.011%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 719th-largest of 5,688 plans among Texas employers on file, and the 611th of 3,091 in educational services. In 2024, employees put in $1.15 for every $1.00 the employer contributed; active participation has shrunk from 303 to 216 since 2022.

Plan summary
Net assets, end of year$85,891,092
Participants with balances431
Active participants216
Employer contributions$1,325,382
Employee contributions$1,527,450
Employer contribution per active participant$6,136
Average account balance$199,283
Benefits paid to participants$3,272,500
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$85.9M · 431 accts · $1.3M emplr
2023$77.0M · 431 accts · $1.2M emplr
2022$67.9M · 432 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,370
Total administrative$8,730
Employer contributions to the St. Marks School of Texas plan · 2024
Employer contribution per active participant$6,136
Median for plans this size$3,635
2024$6,136 per active participant
2023$5,764 per active participant
2022$3,741 per active participant

St. Marks School of Texas's 2024 employer contribution ran above the $3,635 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 · Investment management$1,050
MILLIMAN ADVISORS, LLC · Investment advisory (plan) · Other services$7,770

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$8,730 · 0.01%
2023$7,728 · 0.01%
2022$7,543 · 0.01%
Similar plansEducational Services · Texas
Southwestern University TX$117.0M · 0.06%
Hockaday School Inc. TX$106.7M · 0.06%
Academic Partnerships, LLC TX$94.6M · 0.27%
The Kinkaid School, Inc. TX$83.4M · 0.09%
University of St. Thomas TX$70.6M · 0.35%
Greenhill School TX$69.3M · 0.20%
Episcopal School of Dallas TX$68.6M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750827460 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.