Plan Ledger DOL Form 5500 · updated monthly

French Camp Academy403(b)

FRENCH CAMP ACADEMY 403(B) PLAN · FRENCH CAMP, MS · plan year 2024

Reported admin expense ratio · 2024
1.35%

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

French Camp Academy reported $79,382 in plan administrative expenses for 2024: 1.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $592 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 0.86% to 1.35%. 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 Mississippi (228th of 367), and 2,420th of 3,091 in educational services. In 2024, employees put in $3.01 for every $1.00 the employer contributed; active participation has shrunk from 106 to 76 since 2022.

Plan summary
Net assets, end of year$6,061,385
Participants with balances109
Active participants76
Employer contributions$45,003
Employee contributions$135,575
Employer contribution per active participant$592
Average account balance$55,609
Benefits paid to participants$662,814
Plan auditDisclaimer of opinion
AuditorBMSS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 109 accts · $45K emplr
2023$5.7M · 112 accts · $37K emplr
2022$5.1M · 113 accts · $48K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,568
Investment management$23,814
Total administrative$79,382
Employer contributions to the French Camp Academy plan · 2024
Employer contribution per active participant$592
Median for plans this size$1,313
2024$592 per active participant
2023$478 per active participant
2022$449 per active participant

French Camp Academy's 2024 employer contribution ran below the $1,313 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
REGIONS BANK DBA REGIONS TRUST · Investment advisory (plan)$23,747
EMPOWER ADVISORY GROUP, LLC · Investment management$67

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$79,382 · 1.35%
2023$46,963 · 0.87%
2022$48,834 · 0.86%
All plans at this employer2
FRENCH CAMP ACADEMY 403(B) PLAN403(b)
FRENCH CAMP ACADEMY EMPLOYER SAVINGS PLANProfit-sharing plan
Similar plansEducational Services · Mississippi
Schoolstatus Inc MS$10.5M · 0.04%
Hartfield Academy, Inc. MS$2.3M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640321520 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.