Plan Ledger DOL Form 5500 · updated monthly

Glen J Lerner Esq401(k)

GLEN J LERNER ESQ 401(K) PROFIT SHARING PLAN & TRUST · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Glen J Lerner Esq reported $31,784 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $2,801 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 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Nevada (254th of 437), and 9,080th of 11,654 in professional & technical services. In 2024, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,858,535
Participants with balances133
Active participants115
Employer contributions$322,074
Employee contributions$557,657
Employer contribution per active participant$2,801
Average account balance$51,568
Benefits paid to participants$224,745
Plan auditUnmodified (clean) audit opinion
AuditorBD & ASSOCIATES CPAS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 133 accts · $322K emplr
2023$5.3M · 135 accts · $266K emplr
2022$4.1M · 158 accts · $346K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,095
Investment management$29,829
Trustee / custodial$860
Total administrative$31,784
The Glen J Lerner Esq 401(k) match · 2024
Employer contribution per active participant$2,801
Median for plans this size$1,313
2024$2,801 per active participant
2023$2,142 per active participant
2022$2,883 per active participant

Glen J Lerner Esq's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
UNITED PLANNERS FINANCIAL SERVICES · Investment advisory (participants)$29,829

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

Administrative cost history3
2024$31,784 · 0.52%
2023$25,316 · 0.54%
2022$21,144 · 0.51%
Same employer
Similar plansProfessional & Technical Services · Nevada
Ontrak, Inc. NV$7.5M · 0.24%
Joshco Group, LLC NV$4.9M · 1.43%
Prime Digital NV$4.4M · 0.10%
Cleanspark, Inc. NV$4.1M · 1.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880285623 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.