Plan Ledger DOL Form 5500 · updated monthly

Langlas & Associates, Inc.Profit-sharing plan

LANGLAS & ASSOCIATES, INC. PROFIT SHARING PLAN · BILLINGS, MT · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Langlas & Associates, Inc. reported $29,152 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $6,901 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 0.09% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 82nd-largest of 229 plans among Montana employers on file, and the 2,190th of 5,337 in construction. active participation has grown from 147 to 181 since 2022.

Plan summary
Net assets, end of year$17,841,656
Participants with balances207
Active participants181
Employer contributions$1,249,138
Employee contributions—
Employer contribution per active participant$6,901
Average account balance$86,192
Benefits paid to participants$590,539
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.8M · 207 accts · $1.2M emplr
2023$15.4M · 204 accts · $1.1M emplr
2022$13.1M · 171 accts · $949K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,152
Total administrative$29,152
Employer contributions to the Langlas & Associates, Inc. plan · 2024
Employer contribution per active participant$6,901
Median for plans this size$2,416
2024$6,901 per active participant
2023$6,393 per active participant
2022$6,459 per active participant

Langlas & Associates, 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 · 20242
RANDALL & HURLEY, INC. · Contract administrator$17,826
BRADY MARTZ & ASSOCIATES, P.C. · Accounting / audit$11,250

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

Administrative cost history3
2024$29,152 · 0.18%
2023$13,450 · 0.09%
2022$13,375 · 0.09%
Similar plansConstruction · Montana
On Site Management, Inc. MT$20.9M · 0.42%
Century Companies, Inc. MT$18.8M · 1.10%
Loenbro, LLC. MT$17.3M · 0.67%
Alamon, Inc. MT$15.1M
Sbc, Inc. MT$12.7M · 0.61%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 421037529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.