Plan Ledger DOL Form 5500 · updated monthly

The Geneva School401(k)

THE GENEVA SCHOOL 401(K) RETIREMENT PLAN · CASSELBERRY, FL · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

The Geneva School reported $45,253 in plan administrative expenses for 2024: 0.71% of average plan assets, above the peer median. Employer contributions averaged $872 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 0.71%. 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 Florida (2,188th of 3,644), and 2,349th of 3,091 in educational services. In 2024, employees put in $4.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,816,984
Participants with balances116
Active participants117
Employer contributions$102,022
Employee contributions$477,664
Employer contribution per active participant$872
Average account balance$58,767
Benefits paid to participants$431,144
Plan auditUnmodified (clean) audit opinion
AuditorDAVIS GROUP, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 116 accts · $102K emplr
2023$5.9M · 115 accts · $89K emplr
2022$4.9M · 104 accts · $77K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,079
Investment management$5,939
Total administrative$45,253
The The Geneva School 401(k) match · 2024
Employer contribution per active participant$872
Median for plans this size$1,313
2024$872 per active participant
2023$726 per active participant
2022$662 per active participant

The Geneva School'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 · 20245
EMPOWER ADVISORY GROUP, LLC · Investment management$5,939
MORNINGSTAR INC DBA MORNINGSTAR ASS$1,235
LPL FINANCIAL LLCindirect 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$45,253 · 0.71%
2023$35,581 · 0.66%
2022$31,792 · 0.69%
Similar plansEducational Services · Florida
Saint Paul's School, Inc. FL$7.8M · 0.07%
Atp Professionals Inc. FL$6.3M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593195482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.