Plan Ledger DOL Form 5500 · updated monthly

Woodward Academy, Inc.403(b)

WOODWARD ACADEMY, INC. RETIREMENT PLAN · COLLEGE PARK, GA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Woodward Academy, Inc. reported $177,742 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $3,592 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 0.139%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 233rd-largest of 2,160 plans among Georgia employers on file, and the 412th of 3,091 in educational services. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has shrunk from 722 to 628 since 2022.

Plan summary
Net assets, end of year$133,910,573
Participants with balances896
Active participants628
Employer contributions$2,255,909
Employee contributions$3,630,778
Employer contribution per active participant$3,592
Average account balance$149,454
Benefits paid to participants$8,944,774
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$133.9M · 896 accts · $2.3M emplr
2023$121.5M · 1,028 accts · $2.1M emplr
2022$106.5M · 1,002 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$175,092
Audit (IQPA)$2,650
Total administrative$177,742
Employer contributions to the Woodward Academy, Inc. plan · 2024
Employer contribution per active participant$3,592
Median for plans this size$3,635
2024$3,592 per active participant
2023$2,902 per active participant
2022$2,790 per active participant

Woodward Academy, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20245
TIAA$85,661
MMA SECURITIES LLC · Investment advisory (plan)$35,000
CAP FINANCIAL PARTNERS, LLC · Investment advisory (participants)$29,715
SMITH & HOWARD, PC · Accounting / audit$15,000
ALSTON & BIRD, LLP · Investment advisory (plan)$9,717

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$177,742 · 0.14%
2023$273,792 · 0.24%
2022$159,438 · 0.14%
Same employer
Similar plansEducational Services · Georgia
Morehouse School of Medicine GA$260.1M · 0.04%
Westminster Schools GA$181.3M · 0.10%
Berry College, Inc. GA$162.6M · 0.03%
The Lovett School, Inc. GA$125.7M · 0.07%
Clark Atlanta University GA$120.2M · 0.05%
Spelman College GA$102.0M · 0.05%
Cognia, Inc. GA$101.6M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580625584 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.