Plan Ledger DOL Form 5500 · updated monthly

Project Lead the Way Inc.403(b)

PROJECT LEAD THE WAY 403B PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Project Lead the Way Inc. reported $2,624 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,467 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 0.006% to 0.007%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 336th-largest of 1,562 plans among Indiana employers on file, and the 1,063rd of 3,091 in educational services. In 2024, the employer put in $1.28 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$40,939,145
Participants with balances345
Active participants287
Employer contributions$2,430,164
Employee contributions$1,901,028
Employer contribution per active participant$8,467
Average account balance$118,664
Benefits paid to participants$4,801,975
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.9M · 345 accts · $2.4M emplr
2023$35.1M · 346 accts · $2.2M emplr
2022$27.7M · 331 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,624
Total administrative$2,624
Employer contributions to the Project Lead the Way Inc. plan · 2024
Employer contribution per active participant$8,467
Median for plans this size$2,416
2024$8,467 per active participant
2023$7,985 per active participant
2022$7,748 per active participant

Project Lead the Way Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$4,199
PROCOURSE FIDUCIARY ADVISORS · Investment managementindirect 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
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$2,624 · 0.01%
2023$648 · 0.00%
2022$1,672 · 0.01%
Same employer
Similar plansEducational Services · Indiana
Hanover College IN$70.4M · 0.05%
Franklin College of Indiana IN$65.1M · 0.13%
Park Tudor Foundation IN$63.4M · 0.08%
Saint Joseph's College IN$30.1M · 0.00%
Canterbury School IN$23.8M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364802935 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.