Plan Ledger DOL Form 5500 · updated monthly

Legacy Ministries International, Inc.403(b)

LEGACY MINISTRIES INTERNATIONAL, INC. RETIREMENT PLAN · MIAMISBURG, OH · plan year 2022

Reported admin expense ratio · 2022
0.47%

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

Legacy Ministries International, Inc. reported $8,728 in plan administrative expenses for 2022: 0.47% of average plan assets, below the peer median. Employer contributions averaged $142 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Ohio (3,036th of 3,295), and 2,877th of 3,091 in educational services. In 2022, employees put in $7.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,856,543
Participants with balances99
Active participants135
Employer contributions$19,204
Employee contributions$153,282
Employer contribution per active participant$142
Average account balance$18,753
Benefits paid to participants$288,660
Plan auditDisclaimer of opinion
AuditorGOLDSHOT, LAMB & HOBBS, INC.
Administrative expenses, itemized · 2022
Professional / advisory$8,728
Total administrative$8,728
Employer contributions to the Legacy Ministries International, Inc. plan · 2022
Employer contribution per active participant$142
Median for plans this size$1,114

Legacy Ministries International, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$8,728 · 0.47%
Similar plansEducational Services · Ohio
N & E Learning, LLC OH$1.3M · 0.78%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311656729 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.