Plan Ledger DOL Form 5500 · updated monthly

Alabama Educational Foundation and Indian Springs School403(b)

INDIAN SPRINGS SCHOOL RETIREMENT PLAN · INDIAN SPRINGS, AL · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

Alabama Educational Foundation and Indian Springs School reported $2,378 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,983 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other other services employers. By assets it is the 373rd-largest of 902 plans among Alabama employers on file, and the 1,350th of 3,341 in other services. In 2022, the employer put in $1.72 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$14,002,751
Participants with balances168
Active participants107
Employer contributions$319,136
Employee contributions$185,105
Employer contribution per active participant$2,983
Average account balance$83,350
Benefits paid to participants$858,719
Plan auditUnmodified (clean) audit opinion
AuditorDENT MOSES, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $319K emplr
2022$14.0M · 168 accts · $319K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,378
Total administrative$2,378
Employer contributions to the Alabama Educational Foundation and Indian Springs School plan · 2022
Employer contribution per active participant$2,983
Median for plans this size$2,266

Alabama Educational Foundation and Indian Springs School's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$2,378 · 0.02%
Similar plansOther Services · Alabama
Deshazo, LLC AL$29.5M · 0.36%
Jhcc Holdings LLC AL$21.5M · 0.79%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 630319832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.