Plan Ledger DOL Form 5500 · updated monthly

Living Classrooms Foundation403(b)

LIVING CLASSROOMS FOUNDATION RETIREMENT AND EMPLOYEE SAVINGS PLAN · BALTIMORE, MD · plan year 2022

Reported admin expense ratio · 2022
0.17%

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

Living Classrooms Foundation reported $12,879 in plan administrative expenses for 2022: 0.17% of average plan assets, below the peer median. Employer contributions averaged $601 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 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Maryland (1,134th of 1,671), and 1,989th of 3,341 in other services. In 2022, employees put in $2.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,145,813
Participants with balances76
Active participants185
Employer contributions$111,260
Employee contributions$258,261
Employer contribution per active participant$601
Average account balance$94,024
Benefits paid to participants$248,172
Plan auditUnmodified (clean) audit opinion
AuditorGROSS, MENDELSOHN & ASSOC., PA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$12,879
Total administrative$12,879
Employer contributions to the Living Classrooms Foundation plan · 2022
Employer contribution per active participant$601
Median for plans this size$1,114

Living Classrooms Foundation's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$12,879 · 0.17%
Same employer
Similar plansOther Services · Maryland
Abilities Network, Inc. MD$7.6M · 0.04%
Naf MD$6.1M · 0.40%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 521369524 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.