Plan Ledger DOL Form 5500 · updated monthly

Southern Regional Education Board403(b)

SREB RETIREMENT PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Southern Regional Education Board reported $44,663 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,498 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 fell from 0.13% to 0.09%. 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 the 452nd-largest of 2,160 plans among Georgia employers on file, and the 895th of 3,091 in educational services. In 2024, the employer put in $1.23 for every $1.00 employees contributed themselves; active participation has grown from 110 to 127 since 2022.

Plan summary
Net assets, end of year$51,121,940
Participants with balances343
Active participants127
Employer contributions$1,079,228
Employee contributions$879,051
Employer contribution per active participant$8,498
Average account balance$149,044
Benefits paid to participants$4,904,018
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.1M · 343 accts · $1.1M emplr
2023$48.7M · 350 accts · $941K emplr
2022$43.6M · 348 accts · $980K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,663
Total administrative$44,663
Employer contributions to the Southern Regional Education Board plan · 2024
Employer contribution per active participant$8,498
Median for plans this size$2,416
2024$8,498 per active participant
2023$7,909 per active participant
2022$8,909 per active participant

Southern Regional Education Board'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 · 20243
TIAA · Recordkeeping · Pension consulting$14,911
FLEXPATH STRATEGIES, LLC · Investment advisory (participants)$17,639
RAYMOND JAMES & ASSOCIATES INC. · Investment advisory (plan)$7,817

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$44,663 · 0.09%
2023$49,969 · 0.11%
2022$63,093 · 0.13%
Same employer
Similar plansEducational Services · Georgia
Brenau University GA$67.5M · 0.38%
Wesleyan School, Inc. GA$58.8M · 0.13%
Piedmont University GA$44.1M · 0.12%
Darlington School GA$43.3M · 0.16%
Oglethorpe University GA$41.4M · 0.12%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 580566141 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.