Plan Snapshot
- Plan Sponsor: Westminister Christian School
- Sponsor EIN: 596057154
- Sponsor Address: 6855 SW 152 STREET, PALMETTO BAY, FL, 33157
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 333
- Total Assets: $8.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 333 | $8.8M | $0 | $0 |
| 2024 | 249 | $6.4M | $494,679 | $703,678 |
| 2023 | 262 | $4.6M | $392,588 | $667,217 |
| 2022 | 248 | $3.1M | $352,210 | $634,362 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| RAYMOND JAMES FIN SERV ADVISORS | Other Service Provider | $30,779 | — | $30,779 |
| NATIONWIDE | Other Service Provider | $30,638 | — | $30,638 |
| PROACCOUNT | Other Service Provider | $8,052 | — | $8,052 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,469
- Estimated Expense Ratio: 0.792% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $171,865 | — | — | — | — |
| 2024 | $31,463 | — | — | — | — |
| 2023 | $22,838 | — | — | — | — |
| 2022 | — | — | — | — | — |