Plan Ledger DOL Form 5500 · updated monthly

Lexington Christian Academy, Inc.403(b)

LEXINGTON CHRISTIAN ACADEMY, INC. 403(B) RETIREMENT SAVINGS PLAN · LEXINGTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Lexington Christian Academy, Inc. reported $59,627 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $860 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 0.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Kentucky (520th of 871), and 2,228th of 3,091 in educational services. In 2024, employees put in $2.03 for every $1.00 the employer contributed; active participation has shrunk from 336 to 199 since 2022.

Plan summary
Net assets, end of year$8,465,584
Participants with balances185
Active participants199
Employer contributions$171,214
Employee contributions$348,276
Employer contribution per active participant$860
Average account balance$45,760
Benefits paid to participants$421,577
Plan auditUnmodified (clean) audit opinion
AuditorBALDWIN CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 185 accts · $171K emplr
2023$7.5M · 186 accts · $151K emplr
2022$7.0M · 178 accts · $131K emplr
Administrative expenses, itemized · 2024
Investment management$53,519
Trustee / custodial$3,088
Total administrative$59,627
Employer contributions to the Lexington Christian Academy, Inc. plan · 2024
Employer contribution per active participant$860
Median for plans this size$1,313
2024$860 per active participant
2023$749 per active participant
2022$391 per active participant

Lexington Christian Academy, Inc.'s 2024 employer contribution ran below the $1,313 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
PENSION CORPORATION OF AMERICA · Recordkeeping · Loan processing$3,020
MCF ADVISORS, LLC · Pension consulting · Investment advisory (participants)$53,519
CHARLES SCHWAB TRUST BANK · Investment management$3,088

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

Recordkeeper by year2
2024PENSION CORPORATION OF AMERICA
2023PENSION CORPORATION OF AMERICA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$59,627 · 0.75%
2023$53,264 · 0.74%
2022$57,425 · 0.74%
Same employer
Similar plansEducational Services · Kentucky
Partners for Rural Impact KY$9.1M · 0.59%
Beckfield College, LLC KY$962K · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611161777 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.