Plan Ledger DOL Form 5500 · updated monthly

Robert W. Woodruff Foundation, Inc.403(b)

THE NEW FOUNDATIONS RETIREMENT PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Robert W. Woodruff Foundation, Inc. reported $23,544 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,452 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 0.075%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 635th-largest of 2,160 plans among Georgia employers on file, and the 652nd of 3,341 in other services. In 2024, the employer put in $1.41 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$32,945,043
Participants with balances214
Active participants111
Employer contributions$716,140
Employee contributions$508,584
Employer contribution per active participant$6,452
Average account balance$153,949
Benefits paid to participants$1,919,742
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.9M · 214 accts · $716K emplr
2023$29.8M · 210 accts · $673K emplr
2022$27.0M · 211 accts · $630K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,544
Total administrative$23,544
Employer contributions to the Robert W. Woodruff Foundation, Inc. plan · 2024
Employer contribution per active participant$6,452
Median for plans this size$2,416
2024$6,452 per active participant
2023$6,064 per active participant
2022$5,727 per active participant

Robert W. Woodruff Foundation, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$23,544

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$23,544 · 0.08%
2023$16,577 · 0.06%
2022$22,348 · 0.08%
Similar plansOther Services · Georgia
In Touch Ministries GA$34.9M · 0.01%
Classic Collision, LLC GA$29.7M · 0.94%
Van Michael Salon, Inc. GA$28.0M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581695425 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.