Plan Ledger DOL Form 5500 · updated monthly

Management Leadership for Tomorrow403(b)

MANAGEMENT LEADERSHIP FOR TOMORROW 403(B) · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Management Leadership for Tomorrow reported $31,885 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $124 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 0.71% to 0.49%. 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 Maryland (1,129th of 1,671), and 2,313th of 3,091 in educational services. In 2024, employees put in $43.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,247,772
Participants with balances135
Active participants188
Employer contributions$23,399
Employee contributions$1,024,821
Employer contribution per active participant$124
Average account balance$53,687
Benefits paid to participants$392,910
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 135 accts · $23K emplr
2023$5.7M · 117 accts
2022$3.9M · 103 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,437
Investment management$17,448
Total administrative$31,885
Employer contributions to the Management Leadership for Tomorrow plan · 2024
Employer contribution per active participant$124
Median for plans this size$1,313

Management Leadership for Tomorrow's 2024 employer contribution ran below the $1,313 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$14,437
NFP RETIREMENT · Investment advisory (plan)$17,448

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$31,885 · 0.49%
2023$29,159 · 0.61%
2022$28,174 · 0.71%
Same employer
Similar plansEducational Services · Maryland
The Children's Guild, Inc MD$10.1M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521795164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.