Plan Ledger DOL Form 5500 · updated monthly

Lulac Head Start, Inc.403(b)

LULAC HEAD START, INC. 403(B) RETIREMENT PLAN · NEW HAVEN, CT · plan year 2024

Reported admin expense ratio · 2024
1.04%

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

Lulac Head Start, Inc. reported $27,951 in plan administrative expenses for 2024: 1.04% of average plan assets, higher than ~75% of peers. Employer contributions averaged $981 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 1.32% to 1.04%. 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 Connecticut (996th of 1,106), and 2,753rd of 3,091 in educational services. In 2024, the employer put in $1.19 for every $1.00 employees contributed themselves; active participation has grown from 89 to 132 since 2022.

Plan summary
Net assets, end of year$2,844,497
Participants with balances127
Active participants132
Employer contributions$129,483
Employee contributions$108,575
Employer contribution per active participant$981
Average account balance$22,398
Benefits paid to participants$207,346
Plan auditUnmodified (clean) audit opinion
AuditorWALSH & DICKINSON
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 127 accts · $129K emplr
2023$2.5M · 121 accts · $126K emplr
2022$2.2M · 123 accts · $127K emplr
Administrative expenses, itemized · 2024
Investment management$27,951
Total administrative$27,951
Employer contributions to the Lulac Head Start, Inc. plan · 2024
Employer contribution per active participant$981
Median for plans this size$1,313
2024$981 per active participant
2023$1,240 per active participant
2022$1,427 per active participant

Lulac Head Start, 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
MUTUAL OF AMERICA LIFE INSURANCE CO · Claims processing · Recordkeepingindirect comp
ASCENSUS LLC · Recordkeeping · Loan processingindirect comp
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (participants)indirect comp

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

Recordkeeper by year2
2024Ascensus, Mutual of America
2023Ascensus, Mutual of America

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

Administrative cost history3
2024$27,951 · 1.04%
2023$27,855 · 1.19%
2022$27,675 · 1.32%
Similar plansEducational Services · Connecticut
Benhaven, Inc. CT$8.3M · 0.02%
Domus Kids, Inc. CT$6.9M · 0.54%
The Franklin Academy Inc. CT$3.1M · 0.16%
The Next Street, LLC CT$684K · 0.83%
The Nest Schools, Inc. CT$282K · 1.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222478707 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.