Plan Snapshot
- Plan Sponsor: Woodward Academy, INC.
- Sponsor EIN: 580625584
- Sponsor Address: 1662 RUGBY AVENUE, COLLEGE PARK, GA, 30337
- Plan Type: 403(b)
- Total Participants: 628
- Total Assets: $133.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 628 | $133.9M | $2.3M | $3.6M |
| 2023 | 725 | $121.5M | $2.1M | $3.5M |
| 2022 | 722 | $106.5M | $2.0M | $3.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SMITH & HOWARD | Auditor | $2,650 | — | $2,650 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,650
- Estimated Expense Ratio: 0.002% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $177,742 | — | $171,200 | $2,650 | — |
| 2023 | $273,792 | — | $268,951 | $3,645 | — |
| 2022 | $159,438 | $456 | $162,028 | — | — |