Plan Ledger DOL Form 5500 · updated monthly

Latchable, Inc.401(k)

LATCH 401(K) PLAN · OLIVETTE, MO · plan year 2024

Reported admin expense ratio · 2024
0.03%

Latchable, Inc. reported $3,180 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. 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 0.08% to 0.03%. 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 among the smaller plans on file in Missouri (814th of 1,393), and 7,733rd of 11,654 in professional & technical services. active participation has shrunk from 163 to 104 since 2022.

Plan summary
Net assets, end of year$10,869,362
Participants with balances234
Active participants104
Employer contributions—
Employee contributions$684,559
Employer contribution per active participant—
Average account balance$46,450
Benefits paid to participants$1,604,275
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 234 accts
2023$10.1M · 239 accts
2022$7.9M · 259 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,180
Total administrative$3,180
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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping$3,180

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,180 · 0.03%
2023$4,275 · 0.05%
2022$6,475 · 0.08%
Same employer
Similar plansProfessional & Technical Services · Missouri
Civil Design, Inc. MO$12.2M · 0.45%
Icc, Inc. MO$11.6M · 0.44%
The Syllogisteks Company MO$11.2M · 0.14%
Abengoa North America, LLC MO$10.5M · 0.66%
Bishop McCann LLC MO$10.2M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464779711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.