Plan Ledger DOL Form 5500 · updated monthly

Ninth District Opportunity, Inc.403(b)

NINTH DISTRICT OPPORTUNITY, INC. 403(B) PLAN · GAINESVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Ninth District Opportunity, Inc. reported $57,824 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $970 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 0.42% to 0.46%. 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 among the smaller plans on file in Georgia (1,088th of 2,160), and 1,917th of 3,091 in educational services. In 2024, employees put in $1.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,920,470
Participants with balances684
Active participants467
Employer contributions$453,204
Employee contributions$676,385
Employer contribution per active participant$970
Average account balance$18,890
Benefits paid to participants$1,622,035
Plan auditDisclaimer of opinion
AuditorALEXANDER, ALMAND & BANGS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 684 accts · $453K emplr
2023$12.3M · 674 accts · $429K emplr
2022$10.8M · 630 accts · $390K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,824
Total administrative$57,824
Employer contributions to the Ninth District Opportunity, Inc. plan · 2024
Employer contribution per active participant$970
Median for plans this size$2,416
2024$970 per active participant
2023$1,407 per active participant
2022$872 per active participant

Ninth District Opportunity, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$57,824

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$57,824 · 0.46%
2023$52,827 · 0.46%
2022$49,589 · 0.42%
Same employer
Similar plansEducational Services · Georgia
Reinhardt University GA$15.0M · 0.29%
Whitefield Academy GA$14.2M · 0.02%
The Howard School, Inc. GA$13.5M · 1.08%
Tallulah Falls School Inc GA$13.0M · 0.00%
United Parents, Inc. GA$11.6M · 0.48%
The Children's School, Inc. GA$11.1M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580974656 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.