Plan Ledger DOL Form 5500 · updated monthly

Latcha & Associates, L.L.C.401(k)

LATCHA & ASSOCIATES 401(K) RETIREMENT PLAN · FARMINGTON HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Latcha & Associates, L.L.C. reported $32,665 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $1,235 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 0.19% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,194th-largest of 2,619 plans among Michigan employers on file, and 6,301st of 11,654 in professional & technical services. In 2024, employees put in $4.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,206,823
Participants with balances167
Active participants154
Employer contributions$190,117
Employee contributions$899,401
Employer contribution per active participant$1,235
Average account balance$97,047
Benefits paid to participants$2,322,343
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 167 accts · $190K emplr
2023$15.1M · 171 accts · $199K emplr
2022$12.5M · 180 accts · $206K emplr
Administrative expenses, itemized · 2024
Investment management$37,362
Total administrative$32,665
The Latcha & Associates, L.L.C. 401(k) match · 2024
Employer contribution per active participant$1,235
Median for plans this size$2,416
2024$1,235 per active participant
2023$1,828 per active participant
2022$1,412 per active participant

Latcha & Associates, L.L.C.'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
LPL FINANCIAL LLC · Investment advisory (plan)$37,362
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$32,665 · 0.21%
2023$25,184 · 0.18%
2022$27,604 · 0.19%
Same employer
Similar plansProfessional & Technical Services · Michigan
Daysmart Software, LLC MI$16.6M · 0.52%
Surveying Solutions, Inc. MI$16.3M · 0.20%
Materialise USA, LLC MI$16.1M · 0.31%
Sidock Group, Inc. MI$15.1M · 0.29%
Morse Group, PLLC MI$15.1M · 0.41%
Kpit Technologies Inc. MI$14.7M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383450776 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.