Plan Ledger DOL Form 5500 · updated monthly

The Alfred & Adele Davis Academy403(b)

THE ALFRED & ADELE DAVIS ACADEMY, INC. DC PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

The Alfred & Adele Davis Academy reported $28,732 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $2,833 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 0.05% to 0.16%. 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 897th-largest of 2,160 plans among Georgia employers on file, and 1,624th of 3,091 in educational services. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has shrunk from 108 to 95 since 2022.

Plan summary
Net assets, end of year$18,930,860
Participants with balances197
Active participants95
Employer contributions$269,178
Employee contributions$590,741
Employer contribution per active participant$2,833
Average account balance$96,096
Benefits paid to participants$783,864
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.9M · 197 accts · $269K emplr
2023$16.7M · 197 accts · $243K emplr
2022$14.7M · 189 accts · $227K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,732
Total administrative$28,732
Employer contributions to the The Alfred & Adele Davis Academy plan · 2024
Employer contribution per active participant$2,833
Median for plans this size$2,416
2024$2,833 per active participant
2023$2,211 per active participant
2022$2,101 per active participant

The Alfred & Adele Davis Academy's 2024 employer contribution ran above the $2,416 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 · 20241
TIAA · Recordkeeping · Pension consulting$28,732

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$28,732 · 0.16%
2023$4,929 · 0.03%
2022$7,387 · 0.05%
Similar plansEducational Services · Georgia
Brookstone School, Inc. GA$21.5M · 0.09%
The Galloway Schools, Inc. GA$20.8M · 0.39%
Stratford Academy, Inc. GA$20.6M · 0.11%
George Walton Academy, Inc GA$18.8M · 0.01%
The Schenck School, Inc. GA$18.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581970181 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.