Plan Ledger DOL Form 5500 · updated monthly

Collegiate Academies403(b)

COLLEGIATE ACADEMIES 403(B) PLAN · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
1.11%

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

Collegiate Academies reported $132,269 in plan administrative expenses for 2024: 1.11% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,523 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 1.02% to 1.11%. 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 367th-largest of 884 plans among Louisiana employers on file, and 1,925th of 3,091 in educational services. In 2024, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,798,847
Participants with balances844
Active participants573
Employer contributions$872,801
Employee contributions$1,238,456
Employer contribution per active participant$1,523
Average account balance$15,165
Benefits paid to participants$1,498,527
Plan auditUnmodified (clean) audit opinion
AuditorWEGMANN DAZET, APC
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 844 accts · $873K emplr
2023$11.0M · 800 accts · $852K emplr
2022$8.5M · 718 accts · $756K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$132,269
Total administrative$132,269
Employer contributions to the Collegiate Academies plan · 2024
Employer contribution per active participant$1,523
Median for plans this size$2,416
2024$1,523 per active participant
2023$1,472 per active participant
2022$1,435 per active participant

Collegiate Academies'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 · 20245
THE HASLAUER GROUP, INC · Recordkeeping · Loan processing$20,066
NATIONWIDE · Recordkeeping · Loan processing$5,850
FREEGULLIVER, LLC · Insurance broker · Insurance services$93,431
PROACCOUNT · Investment advisory (participants)$16,368
RELIASTAR LIFE INSURANCE COMPANYindirect comp

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

Recordkeeper by year2
2024Nationwide, THE HASLAUER GROUP, INC
2023Nationwide, THE HASLAUER GROUP, INC

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

Administrative cost history3
2024$132,269 · 1.11%
2023$108,496 · 1.12%
2022$87,047 · 1.02%
Same employer
Similar plansEducational Services · Louisiana
Crescent City Schools LA$16.2M · 0.53%
Firstline Schools, Inc. LA$11.3M · 0.18%
Alliance Safety Council LA$10.8M · 0.12%
Belle Chasse Academy Inc. LA$8.6M · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 800601507 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.