Plan Ledger DOL Form 5500 · updated monthly

Rabun Gap-Nacoochee School403(b)

RABUN GAP-NACOOCHEE SCHOOL RETIREMENT PLAN · RABUN GAP, GA · plan year 2022

Reported admin expense ratio · 2022
0.00%

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

Rabun Gap-Nacoochee School reported $75 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,570 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other educational services employers. By assets it is the 1,006th-largest of 2,160 plans among Georgia employers on file, and 1,802nd of 3,091 in educational services. In 2022, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,219,305
Participants with balances296
Active participants166
Employer contributions$260,621
Employee contributions$413,870
Employer contribution per active participant$1,570
Average account balance$51,417
Benefits paid to participants$806,198
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $210K emplr
2022$15.2M · 296 accts · $261K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$75
Total administrative$75
Employer contributions to the Rabun Gap-Nacoochee School plan · 2022
Employer contribution per active participant$1,570
Median for plans this size$2,266

Rabun Gap-Nacoochee School's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$75 · 0.00%
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%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580593430 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.