Plan Ledger DOL Form 5500 · updated monthly

Legal & General America, Inc.401(k)

LEGAL & GENERAL AMERICA, INC. SAVINGS PLAN · FREDERICK, MD · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Legal & General America, Inc. reported $208,003 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $6,533 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 3 years on file its reported administrative ratio has held roughly steady near 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 78th-largest of 1,671 plans among Maryland employers on file, and the 137th of 786 in management of companies. In 2024, employees put in $1.63 for every $1.00 the employer contributed; active participation has grown from 1,015 to 1,194 since 2022.

Plan summary
Net assets, end of year$218,819,128
Participants with balances1,465
Active participants1,194
Employer contributions$7,800,189
Employee contributions$12,735,989
Employer contribution per active participant$6,533
Average account balance$149,365
Benefits paid to participants$11,887,183
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$218.8M · 1,465 accts · $7.8M emplr
2023$177.4M · 1,279 accts · $6.7M emplr
2022$140.7M · 1,193 accts · $6.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,984
Investment management$78,726
Audit (IQPA)$20,265
Total administrative$208,003
The Legal & General America, Inc. 401(k) match · 2024
Employer contribution per active participant$6,533
Median for plans this size$3,635
2024$6,533 per active participant
2023$5,847 per active participant
2022$5,882 per active participant

Legal & General America, Inc.'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 · 20244
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$154,999
COHNREZNICK LLP · Accounting / audit$20,265
WELLS FARGO BANK · Legal$6,328
CHARLES SCHWAB & CO., INC. · Securities brokerage$455

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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Administrative cost history3
2024$208,003 · 0.10%
2023$194,724 · 0.12%
2022$158,773 · 0.11%
Same employer
Similar plansManagement of Companies · Maryland
B. F. Saul Company MD$263.3M · 0.13%
Curran Group, Inc. IL$238.4M · 0.14%
Heidelberg Americas, Inc. GA$228.5M · 0.08%
The Churchill Companies MN$216.8M · 0.06%
Batesville Services LLC IN$210.4M · 0.15%
Vulcan LLC WA$209.5M

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Source: U.S. Department of Labor, Form 5500 series, EIN 521236150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.