Plan Ledger DOL Form 5500 · updated monthly

L.B.J. & C. Development Corporation403(b)

L.B.J. & C. DEVELOPMENT CORPORATION TAX SHELTERED ANNUITY PLAN · COOKEVILLE, TN · plan year 2025

Reported admin expense ratio · 2025
0.27%

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

L.B.J. & C. Development Corporation reported $7,131 in plan administrative expenses for 2025: 0.27% of average plan assets, below the peer median. Employer contributions averaged $739 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 rose from 0.06% to 0.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Tennessee (1,251st of 1,496), and 2,776th of 3,091 in educational services. In 2025, employees put in $1.22 for every $1.00 the employer contributed; active participation has shrunk from 246 to 202 since 2022.

Plan summary
Net assets, end of year$2,657,836
Participants with balances118
Active participants202
Employer contributions$149,206
Employee contributions$182,171
Employer contribution per active participant$739
Average account balance$22,524
Benefits paid to participants$521,882
Plan auditQualified audit opinion
AuditorBLACKBURN, CHILDERS AND STEAGALL, P
Plan history4
Yearassets · accounts · employer contribution
2025$2.7M · 118 accts · $149K emplr
2024$2.6M · 115 accts · $147K emplr
2023$2.6M · 127 accts · $127K emplr
2022$2.6M · 153 accts · $149K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$7,131
Total administrative$7,131
Employer contributions to the L.B.J. & C. Development Corporation plan · 2025
Employer contribution per active participant$739
Median for plans this size$1,464
2025$739 per active participant
2024$731 per active participant
2023$622 per active participant
2022$604 per active participant

L.B.J. & C. Development Corporation's 2025 employer contribution ran below the $1,464 median for plans its size, in the bottom quarter of its peers. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$7,130
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)indirect comp
KESTRA INVESTMENT SERVICES LLC · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2025$7,131 · 0.27%
2024$1,969 · 0.08%
2023$2,476 · 0.09%
2022$1,501 · 0.06%
Same employer
Similar plansEducational Services · Tennessee
Trinity Christian Academy TN$3.1M · 0.50%
Michael Dunn Center TN$2.7M · 0.87%
Lane College TN$2.7M
Republic Schools, Inc. TN$2.7M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620724384 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.