Plan Ledger DOL Form 5500 · updated monthly

Legend Lending Corp.401(k)

LEGEND LENDING CORP. RETIREMENT TRUST · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Legend Lending Corp. reported $16,592 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,210 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 1 year on file its reported administrative ratio fell from 0.35% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (3,874th of 5,688), and 9,497th of 11,654 in professional & technical services. In 2024, employees put in $5.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,744,811
Participants with balances114
Active participants76
Employer contributions$91,931
Employee contributions$495,336
Employer contribution per active participant$1,210
Average account balance$50,393
Benefits paid to participants$1,572,731
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$5.7M · 114 accts · $92K emplr
2023$5.6M · 134 accts · $106K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,791
Investment management$200
Trustee / custodial$1,601
Total administrative$16,592
The Legend Lending Corp. 401(k) match · 2024
Employer contribution per active participant$1,210
Median for plans this size$1,313
2024$1,210 per active participant
2023$1,858 per active participant

Legend Lending Corp.'s 2024 employer contribution ran below the $1,313 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 · 20241
DECIMAL, INC. · Plan administrator · Recordkeeping$14,791

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

Recordkeeper by year2
2024DECIMAL, INC.
2023DECIMAL, INC.

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

Administrative cost history2
2024$16,592 · 0.29%
2023$20,030 · 0.35%
Similar plansProfessional & Technical Services · Texas
Protect Controls, Inc. TX$5.9M · 0.02%
Kellton Tech, Inc. TX$5.8M · 0.16%
Pac-Mac Holdings, Inc. TX$5.8M · 1.23%
Ad Results Media, LLC TX$5.8M · 0.44%
Js Operating Company, LP TX$5.6M · 0.19%
Kazoo, Inc. TX$5.6M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208157645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.