Plan Ledger DOL Form 5500 · updated monthly

L7 Informatics Inc401(k)

L7 INFORMATICS INC 401(K) PROFIT SHARING PLAN & TRUST · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.40%

L7 Informatics Inc reported $21,147 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. 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 0.70% to 0.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Texas (3,792nd of 5,688), and 1,799th of 2,199 in information & media. active participation has shrunk from 164 to 121 since 2022.

Plan summary
Net assets, end of year$6,110,997
Participants with balances123
Active participants121
Employer contributions—
Employee contributions$1,379,296
Employer contribution per active participant—
Average account balance$49,683
Benefits paid to participants$667,520
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 123 accts
2023$4.5M · 147 accts
2022$2.5M · 122 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,095
Investment management$14,666
Total administrative$21,147
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.

Administrative cost history3
2024$21,147 · 0.40%
2023$22,256 · 0.63%
2022$13,397 · 0.70%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 900864336 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.