Lutheran Social Service Group, Inc.401(k)
LUTHERAN SOCIAL SERVICES GROUP, INC. 401(K) RETIREMENT PLAN · JAMESTOWN, NY · plan year 2022
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Lutheran Social Service Group, Inc. reported $74,913 in plan administrative expenses for 2022: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,788 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 0.48% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (3,117th of 5,648), and the 4,758th of 11,911 in health care & social assistance. In 2022, employees put in $1.49 for every $1.00 the employer contributed.
Lutheran Social Service Group, Inc.'s 2022 employer contribution ran below the $2,266 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 161548940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.