Plan Ledger DOL Form 5500 · updated monthly

University Preparatory Academy401(k)

UNIVERSITY PREPARATORY ACADEMY 401(K) RETIREMENT PLAN & TRUST · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

University Preparatory Academy reported $54,331 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $5,296 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 0.06% to 0.15%. 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 421st-largest of 1,714 plans among Washington employers on file, and the 1,081st of 3,091 in educational services. In 2024, employees put in $1.56 for every $1.00 the employer contributed; active participation has shrunk from 198 to 155 since 2022.

Plan summary
Net assets, end of year$39,914,228
Participants with balances299
Active participants155
Employer contributions$820,864
Employee contributions$1,280,739
Employer contribution per active participant$5,296
Average account balance$133,492
Benefits paid to participants$1,455,533
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.9M · 299 accts · $821K emplr
2023$34.7M · 288 accts · $732K emplr
2022$31.1M · 279 accts · $653K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,331
Total administrative$54,331
The University Preparatory Academy 401(k) match · 2024
Employer contribution per active participant$5,296
Median for plans this size$2,416
2024$5,296 per active participant
2023$3,389 per active participant
2022$3,299 per active participant

University Preparatory Academy's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
TIAA TEACHERS INSURANCE AND ANNUITY · Recordkeeping · Custodial$43,570
ASCENSUS HOLDINGS, INC · Recordkeeping · Custodial$21,072
PLANPILOT · Recordkeeping · Custodial$10,000

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

Recordkeeper by year2
2024Ascensus, PLANPILOT, TIAA
2023Ascensus, TIAA

This plan has changed recordkeepers within these filings. If you left University Preparatory Academy before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$54,331 · 0.15%
2023$18,178 · 0.06%
2022$20,705 · 0.06%
Same employer
Similar plansEducational Services · Washington
Bastyr University WA$45.5M · 0.11%
The Overlake School WA$45.0M · 0.08%
Charles Wright Academy WA$42.3M · 0.00%
Saint Martins University WA$33.6M · 0.19%
The Evergreen School WA$31.2M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 910974344 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.