Plan Ledger DOL Form 5500 · updated monthly

The Lexington School403(b)

THE LEXINGTON SCHOOL RETIREMENT PLAN · LEXINGTON, KY · plan year 2025

Reported admin expense ratio · 2025
0.12%

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

The Lexington School reported $30,769 in plan administrative expenses for 2025: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,898 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 3 years on file its reported administrative ratio fell from 0.20% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other educational services employers. By assets it is the 231st-largest of 871 plans among Kentucky employers on file, and the 1,358th of 3,091 in educational services. In 2025, employees put in $1.28 for every $1.00 the employer contributed; active participation has shrunk from 135 to 111 since 2022.

Plan summary
Net assets, end of year$27,290,374
Participants with balances221
Active participants111
Employer contributions$543,691
Employee contributions$697,170
Employer contribution per active participant$4,898
Average account balance$123,486
Benefits paid to participants$1,221,598
Plan auditUnmodified (clean) audit opinion
AuditorFAULKNER, KING AND WENZ, PSC
Plan history4
Yearassets · accounts · employer contribution
2025$27.3M · 221 accts · $544K emplr
2024$23.5M · 221 accts · $563K emplr
2023$23.2M · 221 accts · $617K emplr
2022$20.9M · 220 accts · $511K emplr
Administrative expenses, itemized · 2025
Investment management$30,769
Total administrative$30,769
Employer contributions to the The Lexington School plan · 2025
Employer contribution per active participant$4,898
Median for plans this size$2,666
2025$4,898 per active participant
2024$4,899 per active participant
2023$4,747 per active participant
2022$3,786 per active participant

The Lexington School's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
TIAA$30,769

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

Administrative cost history4
2025$30,769 · 0.12%
2024$36,554 · 0.16%
2023$41,388 · 0.19%
2022$43,827 · 0.20%
Same employer
Similar plansEducational Services · Kentucky
University of Pikeville KY$46.7M · 0.03%
Spalding University KY$42.9M · 0.20%
Alice Lloyd College KY$27.6M · 0.07%
Sacred Heart Schools, Inc. KY$24.3M · 0.45%
Union College Kentucky KY$18.5M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610563291 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.