Plan Ledger DOL Form 5500 · updated monthly

Longwood Gardens403(b)

LONGWOOD GARDENS 403(B) EMPLOYER MATCH RETIREMENT PLAN · KENNETT SQUARE, PA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Longwood Gardens reported $186,762 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,913 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 rose from 0.27% to 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 625th-largest of 3,651 plans among Pennsylvania employers on file, and the 146th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 636 to 810 since 2022.

Plan summary
Net assets, end of year$69,668,550
Participants with balances511
Active participants810
Employer contributions$1,549,875
Employee contributions$2,843,450
Employer contribution per active participant$1,913
Average account balance$136,338
Benefits paid to participants$2,790,624
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.7M · 511 accts · $1.5M emplr
2023$60.0M · 513 accts · $1.3M emplr
2022$52.2M · 446 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$184,850
Investment management$1,912
Total administrative$186,762
Employer contributions to the Longwood Gardens plan · 2024
Employer contribution per active participant$1,913
Median for plans this size$3,635
2024$1,913 per active participant
2023$1,740 per active participant
2022$1,800 per active participant

Longwood Gardens's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$1,912
SECURITIES AMERICA INCindirect comp
OSAIC WEALTH INCindirect comp

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

Administrative cost history3
2024$186,762 · 0.29%
2023$157,312 · 0.28%
2022$139,935 · 0.27%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 510110625 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.