Plan Ledger DOL Form 5500 · updated monthly

Alfred B. Maclay, Jr. Day School403(b)

ALFRED B. MACLAY, JR. DAY SCHOOL RETIREMENT PLAN · TALLAHASSEE, FL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Alfred B. Maclay, Jr. Day School reported $14,196 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,407 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 fell from 0.09% to 0.08%. 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 1,183rd-largest of 3,644 plans among Florida employers on file, and 1,652nd of 3,091 in educational services. In 2024, the employer put in $1.31 for every $1.00 employees contributed themselves; active participation has shrunk from 524 to 325 since 2022.

Plan summary
Net assets, end of year$18,346,251
Participants with balances250
Active participants325
Employer contributions$457,265
Employee contributions$348,988
Employer contribution per active participant$1,407
Average account balance$73,385
Benefits paid to participants$1,487,786
Plan auditUnmodified (clean) audit opinion
AuditorTHOMSON BROCK LUGER & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$18.3M · 250 accts · $457K emplr
2023$17.4M · 244 accts · $473K emplr
2022$16.2M · 260 accts · $453K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,196
Total administrative$14,196
Employer contributions to the Alfred B. Maclay, Jr. Day School plan · 2024
Employer contribution per active participant$1,407
Median for plans this size$2,416
2024$1,407 per active participant
2023$906 per active participant
2022$864 per active participant

Alfred B. Maclay, Jr. Day School's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
VALIC RETIREMENT SERVICES COMPANY · Custodial (securities) · Investment advisory (participants)$7,935
VARIABLE ANNUITY LIFE INSURANCE CO. · Custodial (securities) · Investment advisory (participants)$6,261

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

Administrative cost history3
2024$14,196 · 0.08%
2023$7,895 · 0.05%
2022$14,251 · 0.09%
Same employer
Similar plansEducational Services · Florida
Saint Edward's School FL$22.1M · 0.07%
The Canterbury School, Inc. FL$17.9M · 0.47%
Carrollwood Day School FL$16.8M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591217750 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.