Plan Ledger DOL Form 5500 · updated monthly

George Walton Academy, Inc403(b)

GEORGE WALTON ACADEMY 403(B) DC PLAN · MONROE, GA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

George Walton Academy, Inc reported $974 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,382 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 0.00% to 0.01%. 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 899th-largest of 2,160 plans among Georgia employers on file, and 1,627th of 3,091 in educational services. In 2024, employees put in $1.27 for every $1.00 the employer contributed; active participation has grown from 141 to 175 since 2022.

Plan summary
Net assets, end of year$18,849,360
Participants with balances212
Active participants175
Employer contributions$241,837
Employee contributions$306,135
Employer contribution per active participant$1,382
Average account balance$88,912
Benefits paid to participants$2,037,565
Plan auditUnmodified (clean) audit opinion
AuditorCOSURGE LLC
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 212 accts · $242K emplr
2023$18.0M · 207 accts · $240K emplr
2022$16.4M · 186 accts · $236K emplr
Employer contributions to the George Walton Academy, Inc plan · 2024
Employer contribution per active participant$1,382
Median for plans this size$2,416
2024$1,382 per active participant
2023$1,393 per active participant
2022$1,673 per active participant

George Walton Academy, Inc'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 · 20242
TIAA-CREF INVESTMENT MANAGEMENT,LLC · Claims processing$46,753
TIAA-CREF MUTUAL FUNDS - TEACHERS · Claims processing$44,681

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$974 · 0.01%
2023$1,827 · 0.01%
2022$25 · 0.00%
Same employer
Similar plansEducational Services · Georgia
The Galloway Schools, Inc. GA$20.8M · 0.39%
Stratford Academy, Inc. GA$20.6M · 0.11%
The Schenck School, Inc. GA$18.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581077042 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.