Plan Ledger DOL Form 5500 · updated monthly

L.D. Management Company401(k)

L.D. RETIREMENT PLAN · WORTHINGTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

L.D. Management Company reported $40,986 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $1,105 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 0.552%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Ohio (2,216th of 3,295), and 3,094th of 5,215 in retail trade. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,795,120
Participants with balances143
Active participants190
Employer contributions$209,911
Employee contributions$341,973
Employer contribution per active participant$1,105
Average account balance$54,511
Benefits paid to participants$629,169
Plan auditUnmodified (clean) audit opinion
AuditorMALONEY NOVOTNY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 143 accts · $210K emplr
2023$7.1M · 181 accts · $212K emplr
2022$5.9M · 101 accts · $210K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,024
Investment management$22,822
Trustee / custodial$2,140
Total administrative$40,986
The L.D. Management Company 401(k) match · 2024
Employer contribution per active participant$1,105
Median for plans this size$1,313
2024$1,105 per active participant
2023$1,146 per active participant
2022$1,163 per active participant

L.D. Management Company'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 · 20242
ONEDIGITAL · Recordkeeping · Trustee$22,822
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$16,024

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

Recordkeeper by year2
2024Newport (Ascensus), ONEDIGITAL
2023HUNTINGTON NATIONAL BANK, Newport (Ascensus)

This plan has changed recordkeepers within these filings. If you left L.D. Management Company before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$40,986 · 0.55%
2023$37,503 · 0.58%
2022$34,238 · 0.55%
Similar plansRetail Trade · Ohio
Charlie's Toledo, Inc. OH$8.1M · 0.14%
August Corso Sons Inc OH$8.1M · 0.09%
Wilson Enterprises, Inc. OH$7.9M · 0.81%
Jungle Jim's Market, Inc. OH$7.8M · 0.68%
Best Supply, Inc. OH$7.8M · 0.74%
Marco's Franchising, LLC OH$7.8M · 0.60%
Cronin Auto, Inc. OH$7.7M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311423126 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.