Plan Ledger DOL Form 5500 · updated monthly

Law School Admission Council403(b)

LAW SCHOOL ADMISSION COUNCIL DEFINED CONTRIBUTION RETIREMENT PLAN · NEWTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Law School Admission Council reported $63,978 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,222 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 0.06% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 323rd-largest of 3,651 plans among Pennsylvania employers on file, and the 325th of 3,091 in educational services. In 2024, employees put in $1.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$171,572,476
Participants with balances784
Active participants429
Employer contributions$2,669,081
Employee contributions$2,899,227
Employer contribution per active participant$6,222
Average account balance$218,842
Benefits paid to participants$8,702,123
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$171.6M · 784 accts · $2.7M emplr
2023$155.6M · 787 accts · $2.8M emplr
2022$136.8M · 803 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,368
Total administrative$63,978
Employer contributions to the Law School Admission Council plan · 2024
Employer contribution per active participant$6,222
Median for plans this size$3,635
2024$6,222 per active participant
2023$6,315 per active participant
2022$6,691 per active participant

Law School Admission Council's 2024 employer contribution ran above the $3,635 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 · 20242
TIAA · Recordkeeping · Pension consulting$3,368
LAW SCHOOL ADMISSION COUNCIL, INC. · Investment management$60,610

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$63,978 · 0.04%
2023$66,510 · 0.05%
2022$73,797 · 0.06%
Same employer
Similar plansEducational Services · Pennsylvania
Muhlenberg College PA$176.5M · 0.08%
Messiah University PA$176.4M · 0.24%
Gannon University PA$175.3M · 0.04%
Susquehanna University PA$174.7M · 0.08%
Arcadia University PA$170.9M · 0.00%
Elizabethtown College PA$154.0M · 0.09%
University of Scranton PA$153.8M · 0.09%
Allegheny College PA$151.6M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132998164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.