Plan Ledger DOL Form 5500 · updated monthly

The Langley School403(b)

LANGLEY SCHOOL DC RETIREMENT PLAN · MCLEAN, VA · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

The Langley School reported $14,755 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,316 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 rose from 0.036% to 0.039%. 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 579th-largest of 2,266 plans among Virginia employers on file, and the 1,065th of 3,091 in educational services. In 2023, employees put in $1.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,894,212
Participants with balances432
Active participants166
Employer contributions$882,511
Employee contributions$918,379
Employer contribution per active participant$5,316
Average account balance$94,663
Benefits paid to participants$2,457,395
Plan auditDisclaimer of opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $628K emplr
2023$40.9M · 432 accts · $883K emplr
2022$35.4M · 439 accts · $810K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$14,755
Total administrative$14,755
Employer contributions to the The Langley School plan · 2023
Employer contribution per active participant$5,316
Median for plans this size$2,440
2023$5,316 per active participant
2022$4,906 per active participant

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

Service providers · 20231
TIAA - TEACHERS INSURANCE AND ANNUI · Plan administrator · Recordkeeping$15,282

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024Not separately reported
2023$14,755 · 0.04%
2022$11,993 · 0.04%
Same employer
Similar plansEducational Services · Virginia
Randolph College VA$71.0M · 0.03%
Norfolk Academy VA$61.1M · 0.09%
St. Anne's Belfield, Inc. VA$47.0M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540673568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.