Plan Ledger DOL Form 5500 · updated monthly

Larkin Hoffman Daly & Lindgren LTD401(k)

LARKIN,HOFFMAN,DALY & LINDGREN, LTD. PROFIT SHARING PLAN AND TRUST · MINNEAPOLIS, MN · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Larkin Hoffman Daly & Lindgren LTD reported $131,054 in plan administrative expenses for 2023: 0.14% of average plan assets, above the peer median. Employer contributions averaged $9,767 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 0.13% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 284th-largest of 1,918 plans among Minnesota employers on file, and the 1,550th of 11,654 in professional & technical services. In 2023, employees put in $1.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$97,673,164
Participants with balances194
Active participants151
Employer contributions$1,474,873
Employee contributions$1,980,586
Employer contribution per active participant$9,767
Average account balance$503,470
Benefits paid to participants$14,163,064
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$97.0M · 204 accts
2023$97.7M · 194 accts · $1.5M emplr
2022$92.1M · 191 accts · $1.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$55,709
Investment management$45,994
Total administrative$131,054
The Larkin Hoffman Daly & Lindgren LTD 401(k) match · 2023
Employer contribution per active participant$9,767
Median for plans this size$3,659
2023$9,767 per active participant
2022$9,524 per active participant

Larkin Hoffman Daly & Lindgren LTD's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$55,709
ADVANCED CAPITAL GROUP · Investment advisory (plan)$34,500
ADVANCED CAPITAL GROUP · Investment advisory (plan)$23,000

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$112,954 · 0.12%
2023$131,054 · 0.14%
2022$126,232 · 0.13%
Same employer
Similar plansProfessional & Technical Services · Minnesota
Srf Consulting Group, Inc. MN$101.5M · 0.05%
Interstate Companies, Inc. MN$99.6M · 0.27%
ONE10 LLC MN$98.1M · 0.12%
The Alliance, Inc. MN$93.5M · 0.13%
Rsp Architects, LTD MN$91.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410953357 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.