Plan Ledger DOL Form 5500 · updated monthly

The Lab School of Washington403(b)

THE LAB SCHOOL OF WASHINGTON RETIREMENT PLAN · WASHINGTON, DC · plan year 2023

Reported admin expense ratio · 2023
0.00%

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

The Lab School of Washington reported $350 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,774 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 1 year on file its reported administrative ratio fell from 0.01% to 0.00%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other educational services employers. By assets it is the 190th-largest of 618 plans among District of Columbia employers on file, and the 1,006th of 3,091 in educational services. In 2023, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,472,645
Participants with balances523
Active participants165
Employer contributions$457,674
Employee contributions$979,983
Employer contribution per active participant$2,774
Average account balance$85,034
Benefits paid to participants$2,983,505
Plan auditUnmodified (clean) audit opinion
AuditorANDERSON, DAVIS & ASSOCIATES, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $471K emplr
2023$44.5M · 523 accts · $458K emplr
2022$39.8M · 507 accts · $447K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$350
Total administrative$350
Employer contributions to the The Lab School of Washington plan · 2023
Employer contribution per active participant$2,774
Median for plans this size$2,440
2023$2,774 per active participant
2022$2,628 per active participant

The Lab School of Washington's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
TIAA$1,000

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

Administrative cost history3
2024Not separately reported
2023$350 · 0.00%
2022$5,038 · 0.01%
Same employer
Similar plansEducational Services · District of Columbia

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Source: U.S. Department of Labor, Form 5500 series, EIN 521261627 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.