Frederica Academy403(b)
FREDERICA ACADEMY 403(B) DC PLAN · ST. SIMONS ISLAND, GA · plan year 2024
Frederica Academy's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $9,141,141 across 199 participant accounts, with employer contributions averaging $2,673 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Georgia (1,301st of 2,160), and 2,175th of 3,091 in educational services. In 2024, the employer put in $1.08 for every $1.00 employees contributed themselves.
Frederica Academy's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 581093060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.