Plan Ledger DOL Form 5500 · updated monthly

Language Line, LLC401(k)

LANGUAGE LINE SERVICES 401(K) RETIREMENT PLAN · MONTEREY, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Language Line, LLC reported $32,776 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $706 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 fell from 0.05% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 974th-largest of 9,483 plans among California employers on file, and the 162nd of 2,534 in administrative & support services. In 2024, employees put in $2.66 for every $1.00 the employer contributed; active participation has grown from 3,675 to 4,265 since 2022.

Plan summary
Net assets, end of year$103,428,103
Participants with balances1,924
Active participants4,265
Employer contributions$3,012,443
Employee contributions$8,012,948
Employer contribution per active participant$706
Average account balance$53,757
Benefits paid to participants$5,111,234
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$103.4M · 1,924 accts · $3.0M emplr
2023$86.2M · 1,812 accts · $2.6M emplr
2022$71.5M · 1,738 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,161
Audit (IQPA)$6,615
Total administrative$32,776
The Language Line, LLC 401(k) match · 2024
Employer contribution per active participant$706
Median for plans this size$3,635
2024$706 per active participant
2023$701 per active participant
2022$674 per active participant

Language Line, LLC's 2024 employer contribution ran below the $3,635 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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$26,161
MOSS ADAMS, LLP · Accounting / audit$6,615

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$32,776 · 0.03%
2023$29,231 · 0.04%
2022$41,004 · 0.05%
Same employer
Similar plansAdministrative & Support Services · California
Upwork Inc. CA$121.8M · 0.12%
Ziprecruiter, Inc. CA$115.2M · 0.15%
Modern HR, Inc. CA$108.1M · 0.42%
Emerald X, LLC CA$92.9M · 0.09%
Doma Corporate, LLC CA$88.1M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050504190 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.