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Yes, but your pejorative "bloat" is bogus, making the list of little value.
If A and B both spend X on administration, A spends 8X on teaching, and B spends 4X on teaching, it means that A has twice as many teachers, or pays them twice as much, or something in between. It has zero to do with the premise of bloated administration, and may have zero to do with teaching quality. If A also spends 8X on athletics (assume 8X income from it if you want), and B zero, it further shrinks A's administrative percentage, falsely making A look efficient.
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