Plan Ledger DOL Form 5500 · updated monthly

American Christian Education Association, Inc.403(b)

AMERICAN CHRISTIAN EDUCATION ASSOCIATION, INC. 403(B) RETIREMENT PLAN · TUSCALOOSA, AL · plan year 2024

Reported admin expense ratio · 2024
0.86%

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

American Christian Education Association, Inc. reported $19,036 in plan administrative expenses for 2024: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $722 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 3 years on file its reported administrative ratio has held roughly steady near 0.86%. 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 Alabama (773rd of 902), and 2,807th of 3,091 in educational services. In 2024, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,408,495
Participants with balances121
Active participants209
Employer contributions$150,957
Employee contributions$230,741
Employer contribution per active participant$722
Average account balance$19,905
Benefits paid to participants$193,195
Plan auditUnmodified (clean) audit opinion
AuditorWILKINS MILLER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 121 accts · $151K emplr
2023$2.0M · 109 accts
2022$1.6M · 102 accts · $94K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,036
Total administrative$19,036
Employer contributions to the American Christian Education Association, Inc. plan · 2024
Employer contribution per active participant$722
Median for plans this size$1,313
2024$722 per active participant
2022$483 per active participant

American Christian Education Association, Inc.'s 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024$19,036 · 0.86%
2023$15,161 · 0.84%
2022$16,118 · 0.89%
Similar plansEducational Services · Alabama
Faith Academy of Mobile AL$7.7M · 0.03%
Tuscaloosa Academy AL$5.7M · 0.36%
Madison Academy, Inc. AL$2.3M · 0.90%
Mars Hill Bible School AL$1.5M · 1.26%
Innovative V, LLC AL$601K · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581962130 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.