Plan Ledger DOL Form 5500 · updated monthly

Landmark School, Inc.401(k)

LANDMARK SCHOOL 401(K) PLAN · PRIDES CROSSING, MA · plan year 2023

Reported admin expense ratio · 2023
0.23%

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

Landmark School, Inc. reported $117,636 in plan administrative expenses for 2023: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,983 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 0.21% to 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other educational services employers. By assets it is the 666th-largest of 2,726 plans among Massachusetts employers on file, and the 861st of 3,091 in educational services. In 2023, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$54,317,816
Participants with balances466
Active participants317
Employer contributions$945,578
Employee contributions$1,513,817
Employer contribution per active participant$2,983
Average account balance$116,562
Benefits paid to participants$5,559,211
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.5M · 500 accts · $1.0M emplr
2023$54.3M · 466 accts · $946K emplr
2022$49.6M · 436 accts · $932K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$117,636
Total administrative$117,636
The Landmark School, Inc. 401(k) match · 2023
Employer contribution per active participant$2,983
Median for plans this size$3,659
2024$3,043 per active participant
2023$2,983 per active participant
2022$2,742 per active participant

Landmark School, Inc.'s 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
COMMONWEALTH EQUITY SERVICES LLC · Investment advisory (plan)$50,000
COMPASS 360 · Contract administrator$18,966
EMPOWER ADVISORY GROUP, LLC · Investment management$4,040

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$129,034 · 0.24%
2023$117,636 · 0.23%
2022$100,159 · 0.21%
Same employer
Similar plansEducational Services · Massachusetts
Terc, Inc. MA$56.4M · 0.07%
Park School Corporation MA$54.2M · 0.02%
Cushing Academy MA$53.7M · 0.12%
Worcester Academy MA$49.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042429311 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.