Plan Ledger DOL Form 5500 · updated monthly

Legal Aid Bureau, Inc.401(k)

LEGAL AID BUREAU, INC. 401(K) PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Legal Aid Bureau, Inc. reported $73,883 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $4,772 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 0.36% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 474th-largest of 1,671 plans among Maryland employers on file, and the 4,206th of 11,654 in professional & technical services. In 2024, the employer put in $1.27 for every $1.00 employees contributed themselves; active participation has grown from 343 to 404 since 2022.

Plan summary
Net assets, end of year$29,683,563
Participants with balances507
Active participants404
Employer contributions$1,928,024
Employee contributions$1,518,634
Employer contribution per active participant$4,772
Average account balance$58,547
Benefits paid to participants$1,121,448
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.7M · 507 accts · $1.9M emplr
2023$24.1M · 498 accts · $1.6M emplr
2022$19.6M · 473 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,883
Investment management$35,000
Total administrative$73,883
The Legal Aid Bureau, Inc. 401(k) match · 2024
Employer contribution per active participant$4,772
Median for plans this size$2,416
2024$4,772 per active participant
2023$4,188 per active participant
2022$3,304 per active participant

Legal Aid Bureau, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
GOLDMAN SACHS ASSET MANAGEMENT · Recordkeeping · Loan processing$35,000
NWPS · Loan processing$38,883

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

Recordkeeper by year2
2024GOLDMAN SACHS ASSET MANAGEMENT
2023GOLDMAN SACHS ASSET MANAGEMENT

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Administrative cost history3
2024$73,883 · 0.27%
2023$71,282 · 0.33%
2022$67,210 · 0.36%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 520591621 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.