Plan Ledger DOL Form 5500 · updated monthly

Laurel Housing, Inc.401(k)

LAUREL HEIGHTS EMPLOYEES 401K RETIREMENT SAVINGS PLAN · LONDON, KY · plan year 2024

Reported admin expense ratio · 2024
0.02%

Laurel Housing, Inc. reported $750 in plan administrative expenses for 2024: 0.02% 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 rose from 0.01% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Kentucky (708th of 871), and 8,946th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$3,429,271
Participants with balances144
Active participants194
Employer contributions—
Employee contributions$199,704
Employer contribution per active participant—
Average account balance$23,814
Benefits paid to participants$404,172
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 144 accts
2023$3.2M · 137 accts
2022$2.9M · 133 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$750
Total administrative$750
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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$750

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$750 · 0.02%
2023$1,275 · 0.04%
2022$400 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
Kenney Ortho Group, Inc. KY$4.6M · 0.09%
Uspiritus Inc. KY$3.3M · 1.11%
Trigg County Hospital KY$2.9M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 616042733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.