Plan Ledger DOL Form 5500 · updated monthly

Academy for Classical Education, Inc401(k)

ACADEMY FOR CLASSICAL EDUCATION, INC. 401K PLAN · MACON, GA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Academy for Classical Education, Inc reported $2,020 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $509 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 0.03% to 0.07%. 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 Georgia (1,831st of 2,160), and 2,726th of 3,091 in educational services. In 2024, employees put in $3.20 for every $1.00 the employer contributed; active participation has grown from 189 to 228 since 2022.

Plan summary
Net assets, end of year$2,955,320
Participants with balances171
Active participants228
Employer contributions$116,072
Employee contributions$371,505
Employer contribution per active participant$509
Average account balance$17,283
Benefits paid to participants$297,160
Plan auditUnmodified (clean) audit opinion
AuditorEASOM & EASOM
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 171 accts · $116K emplr
2023$2.5M · 161 accts · $118K emplr
2022$1.7M · 156 accts · $122K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,020
Total administrative$2,020
The Academy for Classical Education, Inc 401(k) match · 2024
Employer contribution per active participant$509
Median for plans this size$1,313
2024$509 per active participant
2023$567 per active participant
2022$646 per active participant

Academy for Classical Education, Inc'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.

Administrative cost history3
2024$2,020 · 0.07%
2023$165 · 0.01%
2022$465 · 0.03%
Similar plansEducational Services · Georgia
The Heritage School, Inc. GA$4.9M · 0.30%
Suzuki Services, LLC GA$1.6M · 1.00%
McIntosh Trail Ecdc GA$1.5M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463722435 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.