Plan Ledger DOL Form 5500 · updated monthly

L&M Services, Inc.401(k)

L&M SERVICES, INCORPORATED EMPLOYEE SAVINGS PLAN · WOODINVILLE, WA · plan year 2024

Reported admin expense ratio · 2024
1.10%

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

L&M Services, Inc. reported $60,911 in plan administrative expenses for 2024: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $907 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 2 years on file its reported administrative ratio fell from 1.29% to 1.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Washington (1,279th of 1,714), and 2,129th of 3,341 in other services. In 2024, employees put in $4.38 for every $1.00 the employer contributed; active participation has grown from 108 to 120 since 2022.

Plan summary
Net assets, end of year$6,141,617
Participants with balances119
Active participants120
Employer contributions$108,830
Employee contributions$477,102
Employer contribution per active participant$907
Average account balance$51,610
Benefits paid to participants$152,241
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 119 accts · $109K emplr
2023$4.9M · 113 accts · $99K emplr
2022$3.8M · 104 accts · $86K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,159
Investment management$37,752
Total administrative$60,911
The L&M Services, Inc. 401(k) match · 2024
Employer contribution per active participant$907
Median for plans this size$1,313
2024$907 per active participant
2023$882 per active participant
2022$795 per active participant

L&M Services, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size. 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 · 20243
PCS RETIREMENT LLC · Contract administrator · Recordkeeping$23,159
COLDSTREAM WEALTH MANAGEMENT · Investment advisory (plan)$37,752
BRINKER CAPITAL INVESTMENTS, LLC · Investment managementindirect comp

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

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

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

Administrative cost history3
2024$60,911 · 1.10%
2023$54,195 · 1.24%
2022$55,320 · 1.29%
Similar plansOther Services · Washington
Food Lifeline WA$6.8M · 0.01%
Puget Collision, LLC WA$5.8M · 0.16%
Epic WA$5.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911294894 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.