Plan Ledger DOL Form 5500 · updated monthly

Ludwig Institute for Cancer Research, LTD403(b)

LUDWIG INSTITUTE FOR CANCER RESEARCH LTD RETIREMENT SAVINGS PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Ludwig Institute for Cancer Research, LTD reported $4,137 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $25,500 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 fell from 0.01% to 0.00%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,452nd-largest of 5,648 plans among New York employers on file, and the 2,958th of 11,654 in professional & technical services. In 2022, the employer put in $1.23 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$45,741,787
Participants with balances260
Active participants38
Employer contributions$969,017
Employee contributions$786,974
Employer contribution per active participant$25,500
Average account balance$175,930
Benefits paid to participants$2,829,779
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.6M · 223 accts · $241K emplr
2023$42.8M · 242 accts · $634K emplr
2022$45.7M · 260 accts · $969K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,137
Total administrative$4,137
Employer contributions to the Ludwig Institute for Cancer Research, LTD plan · 2022
Employer contribution per active participant$25,500
Median for plans this size$3,449
2024$24,090 per active participant
2023$45,314 per active participant
2022$25,500 per active participant

Ludwig Institute for Cancer Research, LTD's 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$1,669 · 0.00%
2023$2,093 · 0.00%
2022$4,137 · 0.01%
Similar plansProfessional & Technical Services · New York
The Matco Group, Inc. NY$46.4M · 0.24%
Tpg Service Group, LLC NY$45.6M · 0.15%
Wendel, LLC NY$45.1M · 0.25%
Globe Tax Services, Inc. NY$45.0M · 0.00%
M/E Engineering, P.C. NY$44.5M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237121131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.