Other · DOL Form 5500 · 2024

Faith Academy of Mobile Retirement Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
145
Participants Small participant base
50th
Percentile by assets National rank
$53,240
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Faith Academy of Mobile Inc. 403b Plan · Sponsored by Faith Academy of Mobile · Alabama · Educational Services

$8M in assets, 145 participants

Faith Academy of Mobile's Faith Academy of Mobile Inc. 403b Plan reported $8M in total assets and 145 participants in its 2024 DOL Form 5500 filing, ranking in the 50th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #1,221 in Educational Services (3,638 peers)

Coverage in Alabama

Faith Academy of Mobile Inc. 403b Plan covers 145 participants in Alabama, about 40% of the average Alabama filer (state average ~360 per filing). Assets: $8M.

#1,221
in Educational Services (3,638 peers)
+11.2%
assets growth YoY

Faith Academy of Mobile Inc. 403b Plan's mid-pack asset rank among Educational Services and all filers

Faith Academy of Mobile Inc. 403b Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$7,719,774 Top 50% higher than 50% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Faith Academy of Mobile Inc. 403b Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Faith Academy of Mobile Inc. 403b Plan sits mid-pack in the medium band (145 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Faith Academy of Mobile Inc. 403b Plan end-of-year assets rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Faith Academy of Mobile Inc. 403b Plan reported participants rose from 143 in the plan year 2023 filing to 145 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 581898405 · Faith Academy of Mobile PY 2024 · Other

Faith Academy of Mobile Inc. 403b Plan · $8M · 145 · 50th

  • IND $8M
  • EOY 145
  • 5500 50th
  • ASSETS Other
  • PCT near Third Street Family Health Services Retirement Plan
  • EIN ind #1221

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Educational Services retirement plans → · Plans in Alabama →

Faith Academy of Mobile Inc. 403b Plan in the asset neighbourhood

Soar365 Retirement Plan 403(b)Soar365 Retirement Plan 403(…$8MFaith Academy of Mobile Inc. 403b PlanFaith Academy of Mobile Inc.…$8MThird Street Family Health Services Retirement PlanThird Street Family Health S…$8MCompass Tax Deferred Annuity PlanCompass Tax Deferred Annuity…$8MWork, Inc. 403(b) Plan$8M
End-of-year total assets ($M) among Faith Academy of Mobile Inc. 403b Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

Alabama filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$779K
Employer EIN581898405
Plan Effective Date1990-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Faith Academy of Mobile)

Sponsor-wide plan assets over time

All Faith Academy of Mobile plans reported in each filing year

Latest sponsor-wide plan assets
$8M 25.366003934204308% vs 2022
2024 filing year
$6M$6.5M$7M$7.5M$8M 202220232024 $6.16M $7.72M ▲ +25.3%
Year Plans Participants Total Assets
2022 1 131 $6M
2023 1 143 $7M
2024 1 145 $8M

Nearby Other Plans in Alabama

Peer Other plans, same state, same plan type, ranked by total assets.

Faith Academy of Mobile Inc. 403b Plan vs. nearby Other plans in Alabama, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -0.500.511.52 Total assets ($B) Participants Faith Academy of Mobile Inc. 403b Plan, Total assets ($B): 0.007719774 · Participants: 145Faith Academy of Mobile Inc. 403b PlanUniversity of Alabama Health Services Foundation P.C. 403(b) Retirement Annuity Plan, Total assets ($B): 1.575132187 · Participants: 4817University of Alabama Health Services Foundation P.C. 403(b) Retirement Annuity PlanSamford University 403(b) Salary Deferral and Defined Contribution Plan, Total assets ($B): 0.127048729 · Participants: 1431Samford University 403(b) Salary Deferral and Defined Contribution PlanDrummond Company, Inc. Savings Plan for Salaried Employees, Total assets ($B): 0.125546344 · Participants: 469Drummond Company, Inc. Savings Plan for Salaried EmployeesUab Medicine Enterprise 403(b) Retirement Plan, Total assets ($B): 0.098793998 · Participants: 574Uab Medicine Enterprise 403(b) Retirement PlanPlumbers & Pipefitters Local 760 Savings and Investment Plan, Total assets ($B): 0.068174463 · Participants: 1343Plumbers & Pipefitters Local 760 Savings and Investment Plan
Faith Academy of Mobile Inc. 403b Plan vs. nearby Other plans in Alabama, assets vs. participants

Faith Academy of Mobile Inc. 403b Plan's out-of-state Other peers by assets and headcount

Outside Alabama, the nearest Other by assets is Third Street Family Health Services Retirement Plan in OH ($8M); by covered participants it is Northeast College of Health Sciences Retirement Plan in NY (145 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (145 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Faith Academy of Mobile Inc. 403b Plan assets move in 2024?
Faith Academy of Mobile Inc. 403b Plan grew at a solid clip - up 11.2% during 2024, from $7M to $8M. Reported net income was $779K.
How have Faith Academy of Mobile plan assets changed over time?
Across 3 plan years on file (2022-2024), Faith Academy of Mobile's sponsor-wide assets grew 25.4%, from $6M to $8M.
Which Other plans are similar in size to Faith Academy of Mobile Inc. 403b Plan?
Among Other plans in other states, the closest by assets is Third Street Family Health Services Retirement Plan in OH ($8M, 259 participants).
Which Other plans cover a similar participant headcount to Faith Academy of Mobile Inc. 403b Plan?
Among Other plans in other states, the closest by covered participants is Northeast College of Health Sciences Retirement Plan in NY (145 participants, $65M in assets).