Plan Ledger DOL Form 5500 · updated monthly

Coastal Georgia Area Community Action Authority, Inc.403(b)

COASTAL GEORGIA AREA COMMUNITY ACTION AUTHORITY, INC. TAX DEFERRED ANNUITY PLAN · BRUNSWICK, GA · plan year 2024

Reported admin expense ratio · 2024
1.16%

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

Coastal Georgia Area Community Action Authority, Inc. reported $41,904 in plan administrative expenses for 2024: 1.16% of average plan assets, higher than ~75% of peers. Employer contributions averaged $672 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 1.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (1,757th of 2,160), and 8,777th of 11,911 in health care & social assistance. In 2024, employees put in $1.07 for every $1.00 the employer contributed; active participation has shrunk from 219 to 171 since 2022.

Plan summary
Net assets, end of year$3,680,853
Participants with balances99
Active participants171
Employer contributions$114,886
Employee contributions$123,456
Employer contribution per active participant$672
Average account balance$37,180
Benefits paid to participants$418,810
Plan auditUnmodified (clean) audit opinion
AuditorCLAUSELL & ASSOCIATES, CPA'S, PC
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 99 accts · $115K emplr
2023$3.6M · 116 accts · $115K emplr
2022$3.4M · 119 accts · $121K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,904
Total administrative$41,904
Employer contributions to the Coastal Georgia Area Community Action Authority, Inc. plan · 2024
Employer contribution per active participant$672
Median for plans this size$1,313
2024$672 per active participant
2023$591 per active participant
2022$554 per active participant

Coastal Georgia Area Community Action Authority, 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.

Service providers · 20246
FIRST PARTY ADMINISTRATOR, LLC · Contract administrator$2,971
EMPOWER ADVISORY GROUP, LLC · Investment management$2,282
MWA FINANCIAL SERVICES, INC.indirect comp
MY BENEFITS, LLC · Contract administratorindirect comp
VOYA RETIREMENT INS AND ANNUITY CO · Insurance brokerindirect comp

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$41,904 · 1.16%
2023$38,520 · 1.10%
2022$37,872 · 1.12%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Evans Memorial Hospital GA$3.7M · 0.06%
Medside Corporation GA$3.6M · 0.21%
Longleaf Hospice, LLC GA$3.3M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580973468 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.