Plan Ledger DOL Form 5500 · updated monthly

Harding Academy403(b)

HARDING ACADEMY TAX DEFERRED ANNUITY PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Harding Academy reported $45,940 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $3,537 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 0.21% to 0.29%. 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 625th-largest of 1,496 plans among Tennessee employers on file, and 1,738th of 3,091 in educational services. In 2024, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,610,850
Participants with balances167
Active participants98
Employer contributions$346,643
Employee contributions$649,620
Employer contribution per active participant$3,537
Average account balance$99,466
Benefits paid to participants$1,215,332
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.6M · 167 accts · $347K emplr
2023$14.7M · 167 accts · $335K emplr
2022$12.7M · 165 accts · $165K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,940
Total administrative$45,940
Employer contributions to the Harding Academy plan · 2024
Employer contribution per active participant$3,537
Median for plans this size$2,416
2024$3,537 per active participant
2023$3,569 per active participant
2022$1,760 per active participant

Harding Academy's 2024 employer contribution ran above 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
UBS FINANCIAL SERVICES · Investment advisory (participants) · Investment advisory (plan)$45,940

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$45,940 · 0.29%
2023$40,220 · 0.29%
2022$27,274 · 0.21%
Similar plansEducational Services · Tennessee
Tusculum University TN$22.2M · 0.18%
Fisk University TN$18.0M · 0.08%
Tennessee Wesleyan College TN$14.8M · 0.10%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 620852815 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.