Plan Ledger DOL Form 5500 · updated monthly

Latin American Montessori Bilingual Public Charter School401(k)

LAMB 401K PROFIT SHARING PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Latin American Montessori Bilingual Public Charter School reported $6,029 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,254 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 0.14% to 0.15%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in District of Columbia (538th of 618), and 2,606th of 3,091 in educational services. In 2024, the employer put in $1.73 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$4,042,743
Participants with balances167
Active participants139
Employer contributions$313,253
Employee contributions$180,658
Employer contribution per active participant$2,254
Average account balance$24,208
Benefits paid to participants$694,196
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 167 accts · $313K emplr
2023$3.8M · 157 accts · $552 emplr
2022$3.3M · 159 accts · $276K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,029
Total administrative$6,029
The Latin American Montessori Bilingual Public Charter School 401(k) match · 2024
Employer contribution per active participant$2,254
Median for plans this size$1,313
2024$2,254 per active participant
2023$4 per active participant
2022$2,041 per active participant

Latin American Montessori Bilingual Public Charter School's 2024 employer contribution ran above the $1,313 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$818

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$6,029 · 0.15%
2023$4,812 · 0.13%
2022$4,527 · 0.14%
Same employer
Similar plansEducational Services · District of Columbia
Cultural Vistas, Inc. DC$4.6M · 0.01%
Educare of Washington, Dc DC$3.2M · 0.29%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 522356681 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.