Lebanese American University 403(b) match, vesting and fees
What Lebanese American University's 403(b) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Newport Trust Company | 2023 Schedule C ↗ |
| Independent auditor | Plante Moran, P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
The recordkeeper is from the plan year 2023 filing, the latest that names one. The other rows are from the plan year 2024 filing.
How the plan compares
Plan year 2024 medians for 2,134 defined-contribution plans in educational services with 100 to 499 participants.
| Lebanese American University: employer contribution per participant | $3,998 | |
| Peer median | $1,684 |
| Lebanese American University: average balance | $173,040 | |
| Peer median | $62,952 |
| Lebanese American University: admin expenses ÷ assets | 0.02% | |
| Peer median | 0.17% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $39.6M at the end of plan year 2021 to $42.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 255 | $42.4M | $979K | $3,998 | 0.02% | Not published | Form 5500 ↗ |
| 2023 | 229 | $37.8M | $709K | $3,152 | 0.03% | Not published | Form 5500 ↗ |
| 2022 | 238 | $32.9M | $391K | $1,656 | 0.03% | Not published | Form 5500 ↗ |
| 2021 | 248 | $39.6M | $545K | $2,226 | 0.02% | Not published | Form 5500 ↗ |
Common questions
Does Lebanese American University match 401(k) contributions?
The match terms for the The Lebanese American University 403(b) Plan have not been published from its filing yet. The plan year 2024 filing reports $979K in employer contributions, about $3,998 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Lebanese American University 401(k) match vested?
The vesting schedule for the The Lebanese American University 403(b) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Lebanese American University 401(k)?
The recordkeeper listed on Schedule C of the plan year 2023 filing is Newport Trust Company. The plan administrator is Lebanese American University.
I left Lebanese American University. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Lebanese American University, (212) 870-2592) or the recordkeeper, Newport Trust Company. The Lebanese American University old 401(k) page lists the contacts from every plan filing. Find an old Lebanese American University 401(k)
Data from the public Form 5500 annual reports Lebanese American University filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Lebanese American University. Not financial advice. Report a correction · Methodology