Plan Ledger DOL Form 5500 · updated monthly

Clark Atlanta University403(b)

CLARK ATLANTA UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Clark Atlanta University reported $59,393 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,987 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 0.04% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 246th-largest of 2,160 plans among Georgia employers on file, and the 451st of 3,091 in educational services. In 2024, employees put in $1.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$120,249,552
Participants with balances1,503
Active participants685
Employer contributions$2,046,200
Employee contributions$2,516,318
Employer contribution per active participant$2,987
Average account balance$80,006
Benefits paid to participants$8,693,879
Plan auditDisclaimer of opinion
AuditorWARREN AVERRETT LLC
Plan history3
Yearassets · accounts · employer contribution
2024$120.2M · 1,503 accts · $2.0M emplr
2023$112.5M · 1,499 accts · $1.9M emplr
2022$100.0M · 1,492 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,812
Investment management$2,581
Total administrative$59,393
Employer contributions to the Clark Atlanta University plan · 2024
Employer contribution per active participant$2,987
Median for plans this size$3,635
2024$2,987 per active participant
2023$2,899 per active participant
2022$2,898 per active participant

Clark Atlanta University's 2024 employer contribution ran below the $3,635 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 · 20241
TIAA · Recordkeeping · Pension consulting$59,393

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

Recordkeeper by year2
2024TIAA
2023TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$59,393 · 0.05%
2023$51,319 · 0.05%
2022$38,729 · 0.04%
Same employer
Similar plansEducational Services · Georgia
Westminster Schools GA$181.3M · 0.10%
Berry College, Inc. GA$162.6M · 0.03%
Woodward Academy, Inc. GA$133.9M · 0.14%
The Lovett School, Inc. GA$125.7M · 0.07%
Spelman College GA$102.0M · 0.05%
Cognia, Inc. GA$101.6M · 0.62%
Agnes Scott College GA$96.8M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581825259 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.