Plan Ledger DOL Form 5500 · updated monthly

Legacy Traditional Schools401(k)

LEGACY TRADITIONAL SCHOOLS 401(K) PLAN · CHANDLER, AZ · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Legacy Traditional Schools reported $82,724 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,324 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 0.48% to 0.28%. 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 268th-largest of 1,285 plans among Arizona employers on file, and the 1,230th of 3,091 in educational services. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has shrunk from 2,075 to 1,519 since 2022.

Plan summary
Net assets, end of year$32,495,387
Participants with balances858
Active participants1,519
Employer contributions$2,010,665
Employee contributions$2,973,667
Employer contribution per active participant$1,324
Average account balance$37,873
Benefits paid to participants$4,070,678
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.5M · 858 accts · $2.0M emplr
2023$27.6M · 830 accts · $1.9M emplr
2022$21.4M · 755 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,672
Investment management$23,052
Total administrative$82,724
The Legacy Traditional Schools 401(k) match · 2024
Employer contribution per active participant$1,324
Median for plans this size$2,416
2024$1,324 per active participant
2023$1,093 per active participant
2022$930 per active participant

Legacy Traditional Schools'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 · 20243
LPL FINANCIAL RP · Investment advisory (plan)$23,052
MID-ATLANTIC PENSION SPECIALISTS · Contract administrator$17,371

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$82,724 · 0.28%
2023$107,986 · 0.44%
2022$92,362 · 0.48%
Same employer
Similar plansEducational Services · Arizona
Asu Enterprise Partners AZ$52.2M · 0.12%
Great Hearts Academies AZ$50.1M · 0.43%
Phoenix Country Day School AZ$47.7M · 0.10%
Charter One, LLC AZ$33.2M · 1.10%
Eduvision, Inc. AZ$17.2M · 1.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460641842 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.