Plan Ledger DOL Form 5500 · updated monthly

Hebron Educational Ministries403(b)

HEBRON CHRISTIAN ACADEMY 403B PLAN · DACULA, GA · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Hebron Educational Ministries reported $36,358 in plan administrative expenses for 2024: 0.39% of average plan assets, below the peer median. Employer contributions averaged $1,546 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 0.34% to 0.39%. 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 (1,246th of 2,160), and 2,108th of 3,091 in educational services. In 2024, employees put in $1.49 for every $1.00 the employer contributed; active participation has shrunk from 312 to 267 since 2022.

Plan summary
Net assets, end of year$10,073,714
Participants with balances214
Active participants267
Employer contributions$412,798
Employee contributions$613,481
Employer contribution per active participant$1,546
Average account balance$47,073
Benefits paid to participants$627,528
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 214 accts · $413K emplr
2023$8.6M · 199 accts · $334K emplr
2022$6.8M · 186 accts · $281K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,971
Investment management$33,387
Total administrative$36,358
Employer contributions to the Hebron Educational Ministries plan · 2024
Employer contribution per active participant$1,546
Median for plans this size$1,313
2024$1,546 per active participant
2023$1,214 per active participant
2022$899 per active participant

Hebron Educational Ministries's 2024 employer contribution ran above the $1,313 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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$635
EDWARD D JONES AND CO · Investment advisory (participants) · Investment advisory (plan)$33,707

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$36,358 · 0.39%
2023$29,113 · 0.38%
2022$24,445 · 0.34%
Same employer
Similar plansEducational Services · Georgia
High Meadows School, Inc. GA$10.5M · 0.02%
Landmark Christian School GA$10.0M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582469629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.