Plan Ledger DOL Form 5500 · updated monthly

Lambda Legal Defense & Education Fund Inc.403(b)

LAMBDA LEGAL RETIREMENT BENEFIT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Lambda Legal Defense & Education Fund Inc. reported $50,542 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $5,906 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 rose from 0.36% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,210th of 5,648), and 7,121st of 11,654 in professional & technical services. In 2024, employees put in $1.40 for every $1.00 the employer contributed; active participation has grown from 84 to 96 since 2022.

Plan summary
Net assets, end of year$12,913,689
Participants with balances237
Active participants96
Employer contributions$567,019
Employee contributions$796,427
Employer contribution per active participant$5,906
Average account balance$54,488
Benefits paid to participants$585,064
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 237 accts · $567K emplr
2023$10.7M · 238 accts · $504K emplr
2022$8.5M · 220 accts · $505K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,485
Investment management$33,057
Total administrative$50,542
Employer contributions to the Lambda Legal Defense & Education Fund Inc. plan · 2024
Employer contribution per active participant$5,906
Median for plans this size$2,416
2024$5,906 per active participant
2023$5,254 per active participant
2022$6,013 per active participant

Lambda Legal Defense & Education Fund Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
CPI QUALIFIED PLAN CONSULTANTS, INC · Recordkeeping · Pension consulting$14,835
GLOBAL RETIREMENT PARTNERS, LLC · Pension consulting$33,057
THE BENEFIT PRACTICE · Loan processing$2,650

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

Recordkeeper by year2
2024CPI QUALIFIED PLAN CONSULTANTS, INC
2023CPI QUALIFIED PLAN CONSULTANTS, INC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$50,542 · 0.43%
2023$41,126 · 0.43%
2022$33,203 · 0.36%
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Source: U.S. Department of Labor, Form 5500 series, EIN 237395681 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.