Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Samaritan's Purse
Samaritan's Purse 401(k)
- Other services
- Boone, NC
- EIN 58-1437002
- 1 plan with Schedule H financials
- Plan year 2024
- Samaritan's Purse, Inc.
Administrative expenses excluding investment management, per participant · Samaritan's Purse 401(k) Retirement Plan · plan year 2024
$139.11
Higher than 71% of the 8,758 plans $50 to 250M that report it.
Source
= $286,557 / 2,060
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250812090404NAL0007107891001, received 2025-08-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250812090404NAL0007107891001, received 2025-08-12
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-08-12.
Cost and contributions
Administrative expenses per participant
$139.11
Higher than 53% of the 9,042 plans $50 to 250M that report it.
Source
= $286,557 / 2,060
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250812090404NAL0007107891001, received 2025-08-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250812090404NAL0007107891001, received 2025-08-12
Administrative expenses as a share of assets
0.159%
Higher than 58% of the 9,049 plans $50 to 250M that report it.
Source
= $286,557 / $180,556,596
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250812090404NAL0007107891001, received 2025-08-12
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250812090404NAL0007107891001, received 2025-08-12
Employer contributions per participant
$4,482
Higher than 73% of the 9,105 plans $50 to 250M that report it.
Source
= $9,232,292 / 2,060
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250812090404NAL0007107891001, received 2025-08-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250812090404NAL0007107891001, received 2025-08-12
Employer share of total contributions
45.5%
Higher than 85% of the 9,112 plans $50 to 250M that report it.
Source
= $9,232,292 / $20,292,515
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250812090404NAL0007107891001, received 2025-08-12
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250812090404NAL0007107891001, received 2025-08-12
Plan terms, as stated in Samaritan's Purse, Inc.'s SEC filings
Plan terms are not published in public filings.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250812090404NAL0007107891001, received 2025-08-12
Full record, Samaritan's Purse 401(k) Retirement Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | SAMARITAN'S PURSE | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Plan name | SAMARITAN'S PURSE 401(K) RETIREMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Sponsor EIN / plan number | 58-1437002 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Sponsor location | BOONE, NC | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Industry (business code) | 813000, Other services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Filing received | 2025-08-12 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Participants, beginning of year | 2,646 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Active participants | 2,221 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Participants, end of year | 2,605 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Participants with an account balance | 2,060 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Total assets, beginning of year | $153,929,430 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Total assets, end of year | $180,556,596 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Net assets, end of year | $180,556,596 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Total income | $38,318,515 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Net income | $26,627,166 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Employer contributions | $9,232,292 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Participant contributions | $8,863,864 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Other contributions (incl. rollovers) | $2,196,359 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Total contributions | $20,292,515 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Benefit payments | $11,404,792 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Total expenses (incl. benefit payments) | $11,691,349 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Total administrative expenses | $286,557 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Contract administrator fees | $286,557 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Administrative expenses excluding investment management | $286,557 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Held in common/collective trusts | $37,438,775 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Held in mutual funds | $106,281,650 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250812090404NAL0007107891001, received 2025-08-12 |
| Independent auditor | FORVIS MAZARS, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250812090404NAL0007107891001, received 2025-08-12 |
Position = column in the DOL layout for form year 2024. Filing 20250812090404NAL0007107891001, received 2025-08-12.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANYrecordkeeper | CONTRACT ADMINISTRATOR | 13 Contract administrator; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees | $286,557 | yes |
| KESTRA INVESTMENT SERVICES LLC | OTHER SERVICES | 49 Other services; 55 Other commissions; 99 Other fees | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250812090404NAL0007107891001, received 2025-08-12.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $153,929,430 | $180,556,596 | 17.3% |
| Participants with a balance | 1,990 | 2,060 | 3.5% |
| Administrative expenses | $261,750 | $286,557 | 9.5% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $8,109,251 | $9,232,292 | 13.8% |
Prior filing 20240830134433NAL0026956432001, received 2024-08-30; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: SAMARITAN'S PURSE; SEC registrant: Samaritan's Purse, Inc. (CIK 1996523, matched by EIN).