Plan Ledger DOL Form 5500 · updated monthly

Laguna Blanca School403(b)

LAGUNA BLANCA SCHOOL DC RETIREMENT PLAN · SANTA BARBARA, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Laguna Blanca School reported $22,178 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $2,162 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 0.17% to 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 4,019th-largest of 9,483 plans among California employers on file, and 1,704th of 3,091 in educational services. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves; active participation has grown from 165 to 225 since 2022.

Plan summary
Net assets, end of year$17,252,924
Participants with balances207
Active participants225
Employer contributions$486,539
Employee contributions$417,412
Employer contribution per active participant$2,162
Average account balance$83,347
Benefits paid to participants$1,426,764
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.3M · 207 accts · $487K emplr
2023$15.1M · 206 accts · $436K emplr
2022$12.8M · 191 accts · $402K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,178
Total administrative$22,178
Employer contributions to the Laguna Blanca School plan · 2024
Employer contribution per active participant$2,162
Median for plans this size$2,416
2024$2,162 per active participant
2023$2,552 per active participant
2022$2,438 per active participant

Laguna Blanca School's 2024 employer contribution ran below the $2,416 median for plans its size. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
TIAA TEACHERS INS AND ANNUITY ASSOC · Contract administrator$23,147

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

Administrative cost history3
2024$22,178 · 0.14%
2023$17,920 · 0.13%
2022$24,712 · 0.17%
Similar plansEducational Services · California
Redwood Day School CA$17.7M · 0.14%
Aops Incorporated CA$17.6M · 0.22%
Childrens Day School CA$17.0M · 0.04%
Carlthorp School CA$17.0M · 0.01%
Dunn School CA$17.0M · 0.02%
Idyllwild Arts Foundation CA$16.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951641448 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.