Laborers District Council Defined Contribution Retirement Plan403(b)
LABORERS DISTRICT COUNCIL DEFINED CONTRIBUTION RETIREMENT PLAN · COLUMBIA, MD · plan year 2024
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Laborers District Council Defined Contribution Retirement Plan reported $107,563 in plan administrative expenses for 2024: 2.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $241 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 2 years on file its reported administrative ratio fell from 3.21% to 2.71%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Maryland (1,338th of 1,671), and 4,499th of 4,798 in finance & insurance. active participation has grown from 1,235 to 2,274 since 2022.
Laborers District Council Defined Contribution Retirement Plan's 2024 employer contribution ran below the $1,313 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 520749130 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.