Plan Ledger DOL Form 5500 · updated monthly

The Woodlands Christian Academy403(b)

THE WOODLANDS CHRISTIAN ACADEMY 403(B) PLAN · THE WOODLANDS, TX · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

The Woodlands Christian Academy reported $55,741 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $1,629 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 rose from 0.64% to 0.72%. 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 Texas (3,313th of 5,688), and 2,231st of 3,091 in educational services. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 173 to 274 since 2022.

Plan summary
Net assets, end of year$8,425,335
Participants with balances194
Active participants274
Employer contributions$446,301
Employee contributions$831,914
Employer contribution per active participant$1,629
Average account balance$43,430
Benefits paid to participants$707,337
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 194 accts · $446K emplr
2023$7.0M · 182 accts · $359K emplr
2022$5.5M · 177 accts · $348K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,741
Total administrative$55,741
The The Woodlands Christian Academy 401(k) match · 2024
Employer contribution per active participant$1,629
Median for plans this size$1,313
2024$1,629 per active participant
2023$2,007 per active participant
2022$2,010 per active participant

The Woodlands Christian Academy's 2024 employer contribution ran above 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 · 20246
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$49,089
OPPENHEIMER LIFE AGENCY LTD · Investment advisory (plan)indirect comp
ALLIANCE BENEFIT GROUP OF HOUSTON · Other servicesindirect comp
OPPENHEIMER LIFE AGENCY LTDindirect comp
ALLIANCE BENEFIT GROUP OF HOUSTON I · Contract administratorindirect 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$55,741 · 0.72%
2023$51,288 · 0.82%
2022$31,073 · 0.64%
Same employer
Similar plansEducational Services · Texas
Aceable, Inc. TX$8.7M · 1.11%
The Briarwood School TX$8.6M · 0.00%
Dallas Christian School TX$7.8M · 0.13%
Civitas Learning, Inc. TX$7.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760391401 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.