Plan Ledger DOL Form 5500 · updated monthly

Trinity Christian Academy403(b)

TRINITY CHRISTIAN ACADEMY DEFINED CONTRIBUTION PLAN- · JACKSON, TN · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Trinity Christian Academy reported $15,322 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $439 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 0.40% to 0.50%. 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 Tennessee (1,215th of 1,496), and 2,707th of 3,091 in educational services. In 2024, employees put in $2.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,144,801
Participants with balances114
Active participants118
Employer contributions$51,806
Employee contributions$129,299
Employer contribution per active participant$439
Average account balance$27,586
Benefits paid to participants$355,615
Plan auditUnmodified (clean) audit opinion
AuditorSKIBBIE CPA INC.
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 114 accts · $52K emplr
2023$2.9M · 115 accts · $48K emplr
2022$2.4M · 110 accts · $49K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,322
Total administrative$15,322
Employer contributions to the Trinity Christian Academy plan · 2024
Employer contribution per active participant$439
Median for plans this size$1,313
2024$439 per active participant
2023$323 per active participant
2022$445 per active participant

Trinity Christian Academy'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 · 20242
MORNINGSTAR · Investment advisory (plan)indirect 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$15,322 · 0.50%
2023$12,252 · 0.46%
2022$10,238 · 0.40%
Similar plansEducational Services · Tennessee
Michael Dunn Center TN$2.7M · 0.87%
Lane College TN$2.7M
Republic Schools, Inc. TN$2.7M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621254275 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.