Plan Ledger DOL Form 5500 · updated monthly

Landon School Corporation403(b)

LANDON SCHOOL RETIREMENT PLAN · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Landon School Corporation reported $111,961 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,399 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 0.20% to 0.24%. 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 324th-largest of 1,671 plans among Maryland employers on file, and the 919th of 3,091 in educational services. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has grown from 183 to 366 since 2022.

Plan summary
Net assets, end of year$49,480,595
Participants with balances329
Active participants366
Employer contributions$878,173
Employee contributions$1,439,790
Employer contribution per active participant$2,399
Average account balance$150,397
Benefits paid to participants$1,875,906
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49.5M · 329 accts · $878K emplr
2023$43.1M · 331 accts · $820K emplr
2022$37.1M · 323 accts · $732K emplr
Employer contributions to the Landon School Corporation plan · 2024
Employer contribution per active participant$2,399
Median for plans this size$2,416
2024$2,399 per active participant
2023$3,981 per active participant
2022$4,000 per active participant

Landon School Corporation'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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$128,515
PRIME BENEFITS, INC. · Contract administrator · Other services$2,750
RESOURCES INVESTMENT ADVISORS · Investment advisory (plan)indirect comp
COHN REZNICK · Other servicesindirect comp

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$111,961 · 0.24%
2023$88,203 · 0.22%
2022$80,019 · 0.20%
Same employer
Similar plansEducational Services · Maryland
Salisbury House, LLC MD$62.9M · 0.37%
Education Affiliates, Inc. MD$46.7M · 0.65%
Bullis School Inc. MD$44.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520635092 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.