Plan Ledger DOL Form 5500 · updated monthly

Lang Management Company, Inc.401(k)

LANG MANAGEMENT COMPANY, INC. 401(K) PLAN · BOCA RATON, FL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Lang Management Company, Inc. reported $3,425 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $501 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 0.02% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Florida (1,897th of 3,644), and 1,180th of 2,096 in real estate & leasing. In 2024, employees put in $7.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,992,418
Participants with balances164
Active participants179
Employer contributions$89,745
Employee contributions$631,391
Employer contribution per active participant$501
Average account balance$54,832
Benefits paid to participants$798,566
Plan auditUnmodified (clean) audit opinion
AuditorLERROSARBEY PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 164 accts · $90K emplr
2023$8.0M · 170 accts · $88K emplr
2022$7.9M · 174 accts · $91K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,425
Total administrative$3,425
The Lang Management Company, Inc. 401(k) match · 2024
Employer contribution per active participant$501
Median for plans this size$1,313
2024$501 per active participant
2023$477 per active participant
2022$499 per active participant

Lang Management Company, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
ADP, INC. · Loan processing · Recordkeeping$3,425
ADP BROKER-DEALER · Other servicesindirect comp
MORGAN STANLEY · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$3,425 · 0.04%
2023$3,413 · 0.04%
2022$2,210 · 0.02%
Same employer
Similar plansReal Estate & Leasing · Florida
Torwest, Inc. FL$8.6M · 0.32%
The Keyes Company FL$7.7M · 0.69%
Carter Funds LLC FL$7.4M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592119251 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.