Plan Ledger DOL Form 5500 · updated monthly

Texas Association of School Boards, Inc.403(b)

TEXAS ASSOCIATION OF SCHOOL BOARDS, INC. RETIREMENT PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Texas Association of School Boards, Inc. reported $177,549 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $7,797 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 3 years on file its reported administrative ratio has held roughly steady near 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 558th-largest of 5,688 plans among Texas employers on file, and the 160th of 3,341 in other services. In 2024, employees put in $1.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$119,426,367
Participants with balances671
Active participants501
Employer contributions$3,906,334
Employee contributions$4,503,653
Employer contribution per active participant$7,797
Average account balance$177,983
Benefits paid to participants$9,772,800
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$119.4M · 671 accts · $3.9M emplr
2023$106.6M · 663 accts · $3.6M emplr
2022$92.8M · 646 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$101,958
Investment management$17,341
Audit (IQPA)$22,575
Total administrative$177,549
Employer contributions to the Texas Association of School Boards, Inc. plan · 2024
Employer contribution per active participant$7,797
Median for plans this size$3,635
2024$7,797 per active participant
2023$7,405 per active participant
2022$7,152 per active participant

Texas Association of School Boards, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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 · 20244
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$32,000
ARMANINO LLP · Accounting / audit$22,575
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$17,341
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$177,549 · 0.16%
2023$134,444 · 0.13%
2022$159,002 · 0.15%
Same employer
Similar plansOther Services · Texas
Wartsila Holding, Inc. TX$193.0M · 0.04%
Tenerity, Inc. TX$150.3M · 0.06%
Texo Abc/Agc, Inc. TX$128.6M · 0.71%
Nsmg Shared Services, LLC TX$80.5M · 0.29%
Shermco Industries, Inc. TX$77.2M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742275519 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.