Plan Ledger DOL Form 5500 · updated monthly

Lathrop Gpm LLP401(k)

LATHROP GPM LLP RETIREMENT PLAN AND TRUST · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Lathrop Gpm LLP reported $240,678 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $15,682 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 0.08% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 79th-largest of 1,393 plans among Missouri employers on file, and the 486th of 11,654 in professional & technical services. In 2024, the employer put in $1.59 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$349,210,672
Participants with balances765
Active participants488
Employer contributions$7,652,919
Employee contributions$4,808,449
Employer contribution per active participant$15,682
Average account balance$456,485
Benefits paid to participants$39,300,792
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$349.2M · 765 accts · $7.7M emplr
2023$334.4M · 806 accts · $6.6M emplr
2022$309.3M · 846 accts · $7.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,464
Investment management$191,214
Total administrative$240,678
The Lathrop Gpm LLP 401(k) match · 2024
Employer contribution per active participant$15,682
Median for plans this size$4,294
2024$15,682 per active participant
2023$15,487 per active participant
2022$15,291 per active participant

Lathrop Gpm LLP's 2024 employer contribution ran above the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20249
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$49,488
WHITE OAKS WEALTH ADVISORS · Investment advisory (participants)$92,235
CAPFINANCIAL PARTNERS, LLC · Investment management$72,249
NORTHWESTERN MUTUAL LIFE INSURANCE$15,489
DAKOTA WEALTH LLC · Investment advisory (participants)$12,903
RAYMOND JAMES & ASSOCIATES, INC · Investment advisory (participants)$12,361
CREATIVE PLANNING LLC · Investment advisory (participants)$7,926
CORNERSTONE WEALTH · Investment advisory (participants)$7,666
CHARLES SCHWAB & CO., INC. · Securities brokerage$5,764

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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Administrative cost history3
2024$240,678 · 0.07%
2023$278,910 · 0.09%
2022$283,188 · 0.08%
All plans at this employer2
LATHROP GPM LLP RETIREMENT PLAN AND TRUST401(k)
LATHROP GPM LLP 401(K) PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · Missouri
Polsinelli PC MO$518.1M · 0.02%
Thompson Coburn LLP MO$484.3M · 0.13%
Perficient, Inc. MO$391.4M · 0.12%
Hok Group, Inc. MO$361.8M · 0.08%
Spencer Fane LLP MO$263.8M · 0.06%
Transystems Corporation MO$252.0M · 0.15%
Crb Group, Inc. MO$216.2M · 0.17%
Daugherty Systems Inc MO$210.3M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430948710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.