Plan Ledger DOL Form 5500 · updated monthly

The Family Place, Inc.403(b)

THE FAMILY PLACE 403(B) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

The Family Place, Inc. reported $5,720 in plan administrative expenses for 2024: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $520 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 2 years on file its reported administrative ratio fell from 0.20% to 0.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (4,504th of 5,688), and 9,047th of 11,911 in health care & social assistance. In 2024, employees put in $2.61 for every $1.00 the employer contributed; active participation has shrunk from 190 to 91 since 2022.

Plan summary
Net assets, end of year$3,290,471
Participants with balances91
Active participants91
Employer contributions$47,331
Employee contributions$123,609
Employer contribution per active participant$520
Average account balance$36,159
Benefits paid to participants$443,839
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 91 accts · $47K emplr
2023$3.2M · 110 accts · $72K emplr
2022$2.6M · 106 accts · $79K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,474
Investment management$760
Trustee / custodial$450
Total administrative$5,720
Employer contributions to the The Family Place, Inc. plan · 2024
Employer contribution per active participant$520
Median for plans this size$1,313
2024$520 per active participant
2023$378 per active participant
2022$413 per active participant

The Family Place, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20241
BOKF NA · Custodial (securities) · Loan processing$5,720

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$5,720 · 0.18%
2023$6,304 · 0.22%
2022$6,173 · 0.20%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Falls Community Hospital TX$3.3M · 0.02%
Nisha Jackson, Inc. TX$3.1M · 1.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751590896 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.