Plan Ledger DOL Form 5500 · updated monthly

L/P Insurance Services LLC401(k)

L/P INSURANCE SERVICES 401K PLAN · RENO, NV · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

L/P Insurance Services LLC reported $82,104 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $5,107 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 0.29% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 84th-largest of 437 plans among Nevada employers on file, and the 2,243rd of 4,798 in finance & insurance. In 2024, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,584,820
Participants with balances261
Active participants225
Employer contributions$1,149,077
Employee contributions$1,975,529
Employer contribution per active participant$5,107
Average account balance$128,677
Benefits paid to participants$3,451,274
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.6M · 261 accts · $1.1M emplr
2023$29.0M · 243 accts · $1.1M emplr
2022$23.6M · 235 accts · $902K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,979
Investment management$61,125
Total administrative$82,104
The L/P Insurance Services LLC 401(k) match · 2024
Employer contribution per active participant$5,107
Median for plans this size$2,416
2024$5,107 per active participant
2023$4,612 per active participant
2022$4,029 per active participant

L/P Insurance Services LLC's 2024 employer contribution ran above the $2,416 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 · 20242
CWM LLC · Investment advisory (participants) · Investment advisory (plan)$61,125

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$82,104 · 0.26%
2023$70,588 · 0.27%
2022$70,535 · 0.29%
Same employer
Similar plansFinance & Insurance · Nevada
Axos Financial, Inc. NV$127.3M · 0.22%
One Nevada Credit Union NV$35.4M · 0.02%
Clearcapital.com, Inc. NV$33.2M · 0.02%
Meadows Bank NV$22.7M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273054238 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.