Plan Ledger DOL Form 5500 · updated monthly

Lake/Flato Architects, Inc.401(k)

LAKE/FLATO ARCHITECTS, INC. 401(K) PROFIT SHARING PLAN AND TRUST · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Lake/Flato Architects, Inc. reported $110,182 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,806 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 rose from 0.04% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,743rd-largest of 5,688 plans among Texas employers on file, and the 4,792nd of 11,654 in professional & technical services. In 2024, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,759,619
Participants with balances169
Active participants143
Employer contributions$687,245
Employee contributions$1,204,064
Employer contribution per active participant$4,806
Average account balance$146,507
Benefits paid to participants$2,080,957
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.8M · 169 accts · $687K emplr
2023$22.2M · 169 accts · $721K emplr
2022$18.0M · 158 accts · $714K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,979
Investment management$94,203
Total administrative$110,182
The Lake/Flato Architects, Inc. 401(k) match · 2024
Employer contribution per active participant$4,806
Median for plans this size$2,416
2024$4,806 per active participant
2023$5,422 per active participant
2022$5,365 per active participant

Lake/Flato Architects, 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 · 20243
ASCENSUS LLC · Loan processing · Recordkeeping$15,979
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$69,448
WELLTH ADVISORY SERVICES · Investment advisory (plan)$24,755

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$110,182 · 0.47%
2023$17,327 · 0.09%
2022$7,352 · 0.04%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 742452327 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.