Plan Ledger DOL Form 5500 · updated monthly

The Out-Of-Door Academy of Sarasota, Inc.403(b)

THE OUT-OF-DOOR ACADEMY TAX DEFERRED ANNUITY PLAN · SARASOTA, FL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

The Out-Of-Door Academy of Sarasota, Inc. reported $6,026 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,949 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 0.02% to 0.03%. 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 1,071st-largest of 3,644 plans among Florida employers on file, and 1,551st of 3,091 in educational services. In 2024, employees put in $1.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,456,840
Participants with balances267
Active participants178
Employer contributions$702,865
Employee contributions$756,461
Employer contribution per active participant$3,949
Average account balance$80,363
Benefits paid to participants$1,504,070
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.5M · 267 accts · $703K emplr
2023$19.6M · 264 accts · $626K emplr
2022$16.6M · 239 accts · $540K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,026
Total administrative$6,026
Employer contributions to the The Out-Of-Door Academy of Sarasota, Inc. plan · 2024
Employer contribution per active participant$3,949
Median for plans this size$2,416
2024$3,949 per active participant
2023$3,517 per active participant
2022$3,036 per active participant

The Out-Of-Door Academy of Sarasota, Inc.'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.

Administrative cost history3
2024$6,026 · 0.03%
2023$4,538 · 0.03%
2022$2,601 · 0.02%
Same employer
Similar plansEducational Services · Florida
Oak Hall Private School FL$22.8M · 0.16%
Saint Edward's School FL$22.1M · 0.07%
The Canterbury School, Inc. FL$17.9M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591731857 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.