Plan Ledger DOL Form 5500 · updated monthly

Lagrange College403(b)

LAGRANGE COLLEGE RETIREMENT PLAN · LAGRANGE, GA · plan year 2022

Reported admin expense ratio · 2022
0.18%

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

Lagrange College reported $54,627 in plan administrative expenses for 2022: 0.18% of average plan assets, below the peer median. Employer contributions averaged $544 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other educational services employers. By assets it is the 707th-largest of 2,160 plans among Georgia employers on file, and the 1,340th of 3,091 in educational services. In 2022, employees put in $4.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,975,926
Participants with balances287
Active participants213
Employer contributions$115,911
Employee contributions$495,613
Employer contribution per active participant$544
Average account balance$97,477
Benefits paid to participants$1,428,683
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $14K emplr
2022$28.0M · 287 accts · $116K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$54,627
Total administrative$54,627
Employer contributions to the Lagrange College plan · 2022
Employer contribution per active participant$544
Median for plans this size$2,266

Lagrange College's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$54,627 · 0.18%
Similar plansEducational Services · Georgia
The Walker School GA$32.6M · 0.11%
Lyrasis GA$22.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580566199 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.