Plan Ledger DOL Form 5500 · updated monthly

North Cobb Christian School Inc.403(b)

NORTH COBB CHRISTIAN SCHOOL 403B PLAN · KENNESAW, GA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

North Cobb Christian School Inc. reported $2,576 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $734 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 3 years on file its reported administrative ratio has held roughly steady near 0.03%. 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 (1,347th of 2,160), and 2,230th of 3,091 in educational services. In 2024, employees put in $2.80 for every $1.00 the employer contributed; active participation has grown from 177 to 320 since 2022.

Plan summary
Net assets, end of year$8,433,919
Participants with balances190
Active participants320
Employer contributions$234,748
Employee contributions$656,392
Employer contribution per active participant$734
Average account balance$44,389
Benefits paid to participants$236,282
Plan auditUnmodified (clean) audit opinion
AuditorNICHOLS CAULEY & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 190 accts · $235K emplr
2023$6.7M · 186 accts · $202K emplr
2022$5.1M · 183 accts · $120K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,576
Total administrative$2,576
Employer contributions to the North Cobb Christian School Inc. plan · 2024
Employer contribution per active participant$734
Median for plans this size$1,313
2024$734 per active participant
2023$750 per active participant
2022$679 per active participant

North Cobb Christian School Inc.'s 2024 employer contribution ran below 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$664
EDWARD D JONES AND CO · Consultingindirect comp

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$2,576 · 0.03%
2023$2,340 · 0.04%
2022$1,932 · 0.04%
Same employer
Similar plansEducational Services · Georgia
Operation Hope, Inc. GA$8.8M · 0.60%
Point University GA$7.0M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581519089 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.