Plan Ledger DOL Form 5500 · updated monthly

Lawrence Livermore National Security LLC401(k)

LLNS 401(K) RETIREMENT PLAN · LIVERMORE, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Lawrence Livermore National Security LLC reported $697,064 in plan administrative expenses for 2024: 0.03% of average plan assets, below the peer median. Employer contributions averaged $14,698 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 0.04% to 0.03%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 52nd-largest of 9,483 plans among California employers on file, and the 62nd of 11,654 in professional & technical services. In 2024, employees put in $1.07 for every $1.00 the employer contributed; active participation has grown from 7,519 to 8,437 since 2022.

Plan summary
Net assets, end of year$2,498,475,873
Participants with balances10,798
Active participants8,437
Employer contributions$124,004,397
Employee contributions$133,003,469
Employer contribution per active participant$14,698
Average account balance$231,383
Benefits paid to participants$123,576,001
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.5B · 10,798 accts · $124.0M emplr
2023$2.0B · 10,380 accts · $106.8M emplr
2022$1.6B · 9,267 accts · $88.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$553,587
Investment management$75,097
Audit (IQPA)$29,500
Trustee / custodial$101,420
Total administrative$697,064
The Lawrence Livermore National Security LLC 401(k) match · 2024
Employer contribution per active participant$14,698
Median for plans this size$5,259
2024$14,698 per active participant
2023$13,210 per active participant
2022$11,825 per active participant

Lawrence Livermore National Security LLC's 2024 employer contribution ran above the $5,259 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 · 20246
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$483,585
BNY MELLON ASSET SERVICING · Trustee · Trustee (directed)$101,420
MERCER · Consulting · Investment advisory (plan)$75,097
AON RISK INSURANCE SERVICE WEST INC · Other services$70,002
MOSS ADAMS LLP · Accounting / audit$29,500
ALSTON & BIRD · Legal$21,320

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$697,064 · 0.03%
2023$795,949 · 0.04%
2022$735,356 · 0.04%
All plans at this employer2
LLNS 401(K) RETIREMENT PLAN401(k)
LLNS 401(K) SAVINGS PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · California
Latham & Watkins LLP CA$3.1B · 0.05%
General Atomics CA$2.8B · 0.06%
Synopsys, Inc. CA$2.7B · 0.03%
Workday, Inc. CA$2.6B · 0.06%
Paypal Holdings, Inc. CA$2.2B · 0.03%
Tetra Tech, Inc. CA$2.2B · 0.06%
Servicenow, Inc. CA$2.0B · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205624386 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.