Plan Ledger DOL Form 5500 · updated monthly

Leland Management, Inc.401(k)

RETIREMENT INCOME SECURITY PLAN-LELAND MANAGEMENT, INC. · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.93%

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

Leland Management, Inc. reported $40,520 in plan administrative expenses for 2024: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $407 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 1.12% to 0.93%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Florida (2,526th of 3,644), and 1,537th of 2,096 in real estate & leasing. In 2024, employees put in $4.88 for every $1.00 the employer contributed; active participation has grown from 317 to 355 since 2022.

Plan summary
Net assets, end of year$4,815,083
Participants with balances379
Active participants355
Employer contributions$144,470
Employee contributions$704,588
Employer contribution per active participant$407
Average account balance$12,705
Benefits paid to participants$304,061
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 379 accts · $144K emplr
2023$3.9M · 341 accts · $139K emplr
2022$2.9M · 314 accts · $128K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,844
Investment management$863
Trustee / custodial$813
Total administrative$40,520
The Leland Management, Inc. 401(k) match · 2024
Employer contribution per active participant$407
Median for plans this size$1,313
2024$407 per active participant
2023$408 per active participant
2022$403 per active participant

Leland Management, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20243
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$20,196
HEALTHEQUITY RETIREMENT SERVICES, L · Claims processing · Plan administrator$18,647
MATRIX TRUST COMPANY · Custodial (securities) · Loan processing$813

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

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

Administrative cost history3
2024$40,520 · 0.93%
2023$33,391 · 0.98%
2022$32,664 · 1.12%
Same employer
Similar plansReal Estate & Leasing · Florida
Advenir Living, LLC FL$5.0M · 1.69%
Regional One, Inc. FL$4.6M · 0.11%
Weller Management FL$4.5M · 1.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593498435 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.