Plan Ledger DOL Form 5500 · updated monthly

Fernbank Museum of Natural History403(b)

FERNBANK INC. RETIREMENT PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Fernbank Museum of Natural History reported $49,566 in plan administrative expenses for 2024: 0.67% of average plan assets, above the peer median. Employer contributions averaged $918 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 0.63% to 0.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Georgia (1,377th of 2,160), and 772nd of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has shrunk from 128 to 115 since 2022.

Plan summary
Net assets, end of year$7,979,737
Participants with balances85
Active participants115
Employer contributions$105,592
Employee contributions$176,473
Employer contribution per active participant$918
Average account balance$93,879
Benefits paid to participants$67,300
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 85 accts · $106K emplr
2023$6.8M · 86 accts · $102K emplr
2022$5.8M · 114 accts · $84K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,566
Total administrative$49,566
Employer contributions to the Fernbank Museum of Natural History plan · 2024
Employer contribution per active participant$918
Median for plans this size$1,313
2024$918 per active participant
2023$766 per active participant
2022$653 per active participant

Fernbank Museum of Natural History'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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$49,566
LINCOLN NATIONAL CORPORATION · Contract administrator$550
CAMBRIDGE INVESTMENT RESEARCH ADVIS · Investment advisory (plan)indirect comp
PENSION FINANCIAL SERVICES, INC. · Contract administrator · Other servicesindirect 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$49,566 · 0.67%
2023$41,316 · 0.65%
2022$41,870 · 0.63%
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Atlanta Athletic Club GA$10.6M · 0.56%
See Rock City, Inc. GA$6.8M · 0.00%
Augusta Country Club GA$6.3M · 1.21%
Ansley Golf Club Inc. GA$4.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 586028607 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.