Plan Ledger DOL Form 5500 · updated monthly

Las Vegas Metro Chamber of Commerce401(k)

THE ASSOCIATION 401(K) PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Las Vegas Metro Chamber of Commerce reported $121,299 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,057 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 0.97% to 0.88%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 151st-largest of 437 plans among Nevada employers on file, and the 1,240th of 3,341 in other services. In 2024, employees put in $2.26 for every $1.00 the employer contributed; active participation has grown from 798 to 907 since 2022.

Plan summary
Net assets, end of year$15,907,209
Participants with balances591
Active participants907
Employer contributions$958,542
Employee contributions$2,163,656
Employer contribution per active participant$1,057
Average account balance$26,916
Benefits paid to participants$1,157,716
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 591 accts · $959K emplr
2023$11.6M · 506 accts · $817K emplr
2022$8.0M · 458 accts · $683K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$121,299
Total administrative$121,299
The Las Vegas Metro Chamber of Commerce 401(k) match · 2024
Employer contribution per active participant$1,057
Median for plans this size$2,416
2024$1,057 per active participant
2023$1,125 per active participant
2022$856 per active participant

Las Vegas Metro Chamber of Commerce's 2024 employer contribution ran below the $2,416 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
NATIONAL BENEFIT SERVICES, LLC · Recordkeeping · Other services$11,561
LPL FINANCIAL LLC · Investment advisory (participants) · Investment advisory (plan)$9,802

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

Recordkeeper by year2
2024NATIONAL BENEFIT SERVICES, LLC
2023NATIONAL BENEFIT SERVICES, LLC, Nationwide

This plan has changed recordkeepers within these filings. If you left Las Vegas Metro Chamber of Commerce before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$121,299 · 0.88%
2023$143,866 · 1.47%
2022$76,600 · 0.97%
Similar plansOther Services · Nevada
Cashman Equipment Company NV$81.6M · 0.04%
Westcare Foundation, Inc. NV$28.5M · 0.55%
Community Services Agency NV$8.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843381590 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.