The Louise S. McGehee School403(b)

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

The Louise S. McGehee School reported $475 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,458 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 has held roughly steady near 0.003%. 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 272nd-largest of 884 plans among Louisiana employers on file, and 1,643rd of 3,091 in educational services. In 2024, employees put in $1.56 for every $1.00 the employer contributed; active participation has shrunk from 220 to 189 since 2022.