Plan Ledger DOL Form 5500 · updated monthly

Columbia Southern Education Group401(k)

THE COLUMBIA SOUTHERN EDUCATION GROUP 401(K) PLAN · ORANGE BEACH, AL · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Columbia Southern Education Group reported $150,021 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $1,205 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 0.77% to 0.46%. 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 204th-largest of 902 plans among Alabama employers on file, and the 1,156th of 3,091 in educational services. In 2024, employees put in $2.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,744,222
Participants with balances618
Active participants958
Employer contributions$1,154,595
Employee contributions$2,622,486
Employer contribution per active participant$1,205
Average account balance$57,839
Benefits paid to participants$2,425,736
Plan auditUnmodified (clean) audit opinion
AuditorWEWORSKI AND ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$35.7M · 618 accts · $1.2M emplr
2023$29.9M · 629 accts · $1.0M emplr
2022$30.0M · 886 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,298
Investment management$49,825
Total administrative$150,021
The Columbia Southern Education Group 401(k) match · 2024
Employer contribution per active participant$1,205
Median for plans this size$2,416
2024$1,205 per active participant
2023$1,112 per active participant
2022$1,442 per active participant

Columbia Southern Education Group's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$18,600
THE PENSION CENTER OF FLORIDA, INC. · Accounting / audit · Recordkeeping$16,238
REGIONS BANK · Investment advisory (participants)$49,825

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

Recordkeeper by year2
2024John Hancock, THE PENSION CENTER OF FLORIDA, INC.
2023John Hancock, THE PENSION CENTER OF FLORIDA, INC.

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Administrative cost history3
2024$150,021 · 0.46%
2023$163,659 · 0.55%
2022$245,631 · 0.77%
Same employer
Similar plansEducational Services · Alabama
Samford University AL$127.0M · 0.16%
Birmingham Southern College AL$87.0M · 0.10%
Spring Hill College AL$42.4M · 0.01%
Huntingdon College AL$33.5M · 0.35%
The Montgomery Academy AL$27.4M · 0.16%
Faulkner University AL$26.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631175854 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.