Plan Ledger DOL Form 5500 · updated monthly

Trinity School of Midland, Inc.403(b)

TRINITY SCHOOL OF MIDLAND, INC. 403(B) DC PLAN · MIDLAND, TX · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Trinity School of Midland, Inc. reported $5,818 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,136 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 0.02% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 2,140th-largest of 5,688 plans among Texas employers on file, and 1,648th of 3,091 in educational services. In 2024, employees put in $1.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,412,295
Participants with balances310
Active participants214
Employer contributions$457,006
Employee contributions$567,851
Employer contribution per active participant$2,136
Average account balance$59,395
Benefits paid to participants$1,710,945
Plan auditUnmodified (clean) audit opinion
AuditorMARC MARTIN CPA
Plan history3
Yearassets · accounts · employer contribution
2024$18.4M · 310 accts · $457K emplr
2023$16.8M · 296 accts · $418K emplr
2022$14.9M · 297 accts · $380K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,626
Investment management$2,192
Total administrative$5,818
Employer contributions to the Trinity School of Midland, Inc. plan · 2024
Employer contribution per active participant$2,136
Median for plans this size$2,416
2024$2,136 per active participant
2023$1,926 per active participant
2022$1,816 per active participant

Trinity School of Midland, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
USI CONSULTING GROUP · Claims processing · Recordkeeping$3,626

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$5,818 · 0.03%
2023$11,977 · 0.08%
2022$2,797 · 0.02%
Similar plansEducational Services · Texas
Sxsw LLC TX$23.1M · 0.43%
Imagination Station, Inc TX$21.5M · 0.03%
Trinity Christian Academy TX$20.0M · 0.34%
Alcuin School TX$17.4M · 0.18%
H.A.S.C., Inc. TX$17.3M · 0.04%
Keystone School TX$14.2M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750995808 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.