Plan Ledger DOL Form 5500 · updated monthly

Langan LLC401(k)

LANGAN ENGINEERING & ENVIRONMENTAL SERVICES SALARY SAVINGS PLAN & TRUST · PARSIPPANY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Langan LLC reported $304,786 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $2,618 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 has held roughly steady near 0.099%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 162nd-largest of 2,419 plans among New Jersey employers on file, and the 514th of 11,654 in professional & technical services. In 2024, employees put in $3.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$333,302,797
Participants with balances2,403
Active participants1,760
Employer contributions$4,607,173
Employee contributions$17,513,257
Employer contribution per active participant$2,618
Average account balance$138,703
Benefits paid to participants$16,609,509
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$333.3M · 2,403 accts · $4.6M emplr
2023$282.8M · 2,232 accts · $4.7M emplr
The Langan LLC 401(k) match · 2024
Employer contribution per active participant$2,618
Median for plans this size$4,294
2024$2,618 per active participant
2023$2,889 per active participant

Langan LLC's 2024 employer contribution ran below the $4,294 median for plans its size. 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
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$158,423
NEWPORT CAPITAL GROUP · Investment advisory (participants)$104,594
VANGUARD ADVISERS INC. · Investment advisory (participants)$43,865

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$304,786 · 0.10%
2023$250,549 · 0.10%
Same employer
Similar plansProfessional & Technical Services · New Jersey
McCarter & English, LLP NJ$487.8M · 0.06%
Day Pitney LLP NJ$375.6M · 0.08%
Withumsmith+Brown PC NJ$326.1M · 0.20%
Agfa Corporation NJ$307.9M · 0.02%
Gibbons P.C. NJ$243.8M · 0.10%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 934288831 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.