Plan Ledger DOL Form 5500 · updated monthly

Greater Atlanta Christian Schools, Inc.403(b)

GREATER ATLANTA CHRISTIAN SCHOOLS, INC. RETIREMENT PLAN · NORCROSS, GA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Greater Atlanta Christian Schools, Inc. reported $76,696 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $1,495 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 0.25% to 0.23%. 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 620th-largest of 2,160 plans among Georgia employers on file, and the 1,191st of 3,091 in educational services. In 2024, employees put in $2.36 for every $1.00 the employer contributed; active participation has grown from 434 to 542 since 2022.

Plan summary
Net assets, end of year$34,224,419
Participants with balances656
Active participants542
Employer contributions$810,049
Employee contributions$1,910,573
Employer contribution per active participant$1,495
Average account balance$52,171
Benefits paid to participants$2,949,871
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.2M · 656 accts · $810K emplr
2023$31.3M · 660 accts · $702K emplr
2022$27.1M · 539 accts · $665K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,696
Total administrative$76,696
Employer contributions to the Greater Atlanta Christian Schools, Inc. plan · 2024
Employer contribution per active participant$1,495
Median for plans this size$2,416
2024$1,495 per active participant
2023$1,487 per active participant
2022$1,533 per active participant

Greater Atlanta Christian Schools, 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$83,905
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)indirect comp
NEWPORT GROUP, INC. · 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$76,696 · 0.23%
2023$59,357 · 0.20%
2022$71,589 · 0.25%
Same employer
Similar plansEducational Services · Georgia
Life University, Inc. GA$41.0M · 0.01%
Covenant College, Inc. GA$37.9M · 0.02%
Trinity School, Inc. GA$36.8M · 0.11%
Atlanta Speech School, Inc. GA$35.9M · 0.28%
The Walker School GA$32.6M · 0.11%
Lagrange College GA$28.0M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580960612 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.