Plan Ledger DOL Form 5500 · updated monthly

Lcg Pence, LLC401(k)

PENCE CONSTRUCTION 401(K) PLAN · LAKE OSWEGO, OR · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Lcg Pence, LLC reported $109,326 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,966 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 0.46% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 360th-largest of 1,021 plans among Oregon employers on file, and the 1,999th of 5,337 in construction. In 2024, employees put in $3.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,304,441
Participants with balances208
Active participants149
Employer contributions$441,939
Employee contributions$1,416,025
Employer contribution per active participant$2,966
Average account balance$97,618
Benefits paid to participants$1,472,365
Plan auditUnmodified (clean) audit opinion
AuditorKUENZI & COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$20.3M · 208 accts · $442K emplr
2023$17.0M · 198 accts · $594K emplr
2022$14.3M · 213 accts · $916K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,558
Investment management$67,768
Total administrative$109,326
The Lcg Pence, LLC 401(k) match · 2024
Employer contribution per active participant$2,966
Median for plans this size$2,416
2024$2,966 per active participant
2023$3,961 per active participant
2022$5,653 per active participant

Lcg Pence, LLC's 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20243
ALDRICH WEALTH LIMITED PARTNERSHIP · Investment advisory (plan)$64,870
PRIME RETIREMENT SOLUTIONS LLC · Contract administrator$10,683

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$109,326 · 0.59%
2023$91,642 · 0.59%
2022$71,080 · 0.46%
Same employer
Similar plansConstruction · Oregon
Hydro-Temp Mechanical, Inc. OR$26.0M · 0.31%
American Heating, Inc. OR$22.1M · 0.23%
Hunter-Davisson, Inc. OR$19.5M · 0.22%
Hoffman Corporation OR$19.0M · 0.26%
James W. Fowler Co. OR$17.5M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223878410 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.