Plan Ledger DOL Form 5500 · updated monthly

St. Paul Academy and Summit School403(b)

ST. PAUL ACADEMY AND SUMMIT SCHOOL 403(B) DC PLAN · ST. PAUL, MN · plan year 2025

Reported admin expense ratio · 2025
0.05%

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

St. Paul Academy and Summit School reported $35,222 in plan administrative expenses for 2025: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,517 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 0.04% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other educational services employers. By assets it is the 388th-largest of 1,918 plans among Minnesota employers on file, and the 726th of 3,091 in educational services. In 2025, the employer put in $1.95 for every $1.00 employees contributed themselves; active participation has grown from 251 to 479 since 2022.

Plan summary
Net assets, end of year$68,387,710
Participants with balances453
Active participants479
Employer contributions$1,684,638
Employee contributions$865,581
Employer contribution per active participant$3,517
Average account balance$150,966
Benefits paid to participants$4,452,607
Plan auditUnmodified (clean) audit opinion
AuditorOLSEN THIELEN & CO., LTD
Plan history4
Yearassets · accounts · employer contribution
2025$68.4M · 453 accts · $1.7M emplr
2024$61.4M · 438 accts · $1.6M emplr
2023$56.9M · 430 accts · $1.3M emplr
2022$50.4M · 416 accts · $1.3M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$35,222
Total administrative$35,222
Employer contributions to the St. Paul Academy and Summit School plan · 2025
Employer contribution per active participant$3,517
Median for plans this size$4,093
2025$3,517 per active participant
2024$3,530 per active participant
2023$2,861 per active participant
2022$4,982 per active participant

St. Paul Academy and Summit School's 2025 employer contribution ran below the $4,093 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 · 20254
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$12,871
OLSEN THIELEN & CO. LTD · Accounting / audit$12,200
TIAA$850

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$35,222 · 0.05%
2024$31,764 · 0.05%
2023$28,908 · 0.05%
2022$23,744 · 0.04%
Same employer
Similar plansEducational Services · Minnesota
Edmentum MN$115.4M · 0.02%
Breck School MN$113.9M · 0.03%
Infinite Campus, Inc. MN$75.7M · 0.40%
Shattuck-St. Mary's School MN$30.4M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410943433 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.