Plan Ledger DOL Form 5500 · updated monthly

Legal Aid Justice Center401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF LEGAL AID JUSTICE CENTER · CHARLOTTESVILLE, VA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Legal Aid Justice Center reported $1,782 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,685 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 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,552nd of 2,266), and 8,445th of 11,654 in professional & technical services. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,640,218
Participants with balances146
Active participants99
Employer contributions$265,775
Employee contributions$562,902
Employer contribution per active participant$2,685
Average account balance$59,180
Benefits paid to participants$339,480
Plan auditUnmodified (clean) audit opinion
AuditorMPCOMPANY LLP
The Legal Aid Justice Center 401(k) match · 2024
Employer contribution per active participant$2,685
Median for plans this size$1,313

Legal Aid Justice Center's 2024 employer contribution ran above the $1,313 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,275

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

Administrative cost history1
2024$1,782 · 0.02%
Similar plansProfessional & Technical Services · Virginia
Synchron, LLC VA$8.7M · 0.54%
Afg Group Inc VA$8.7M · 0.54%
Maconit, Inc. VA$8.7M · 0.63%
Three Wire Systems, LLC VA$8.6M · 0.79%
Addx Corporation VA$8.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540884513 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.