Plan Ledger DOL Form 5500 · updated monthly

Ladder Financial Inc.401(k)

LADDER LIFE 401(K) PLAN · PALO ALTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Ladder Financial Inc. reported $3,825 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,109 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 1 year on file its reported administrative ratio rose from 0.01% to 0.03%. 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 4,325th-largest of 9,483 plans among California employers on file, and 3,459th of 4,798 in finance & insurance. In 2024, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,469,392
Participants with balances166
Active participants103
Employer contributions$732,241
Employee contributions$1,601,772
Employer contribution per active participant$7,109
Average account balance$93,189
Benefits paid to participants$1,264,500
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$15.5M · 166 accts · $732K emplr
2023$12.1M · 186 accts · $826K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,825
Total administrative$3,825
The Ladder Financial Inc. 401(k) match · 2024
Employer contribution per active participant$7,109
Median for plans this size$2,416
2024$7,109 per active participant
2023$7,438 per active participant

Ladder Financial Inc.'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 · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$3,825

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history2
2024$3,825 · 0.03%
2023$1,505 · 0.01%
Same employer
Similar plansFinance & Insurance · California
Paynearme, Inc. CA$16.1M · 0.47%
Yapstone Holdings, Inc. CA$15.5M · 0.12%
Mypoint Credit Union CA$14.9M · 0.48%
Community West Bancshares CA$14.7M · 0.51%
Global Benefits Group Inc. CA$14.3M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473671449 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.