Plan Ledger DOL Form 5500 · updated monthly

Lenders Protection, LLC401(k)

THE LENDERS PROTECTION EMPLOYEE 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Lenders Protection, LLC reported $14,947 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,243 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 0.06% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,336th-largest of 5,688 plans among Texas employers on file, and 3,410th of 4,798 in finance & insurance. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has grown from 171 to 203 since 2022.

Plan summary
Net assets, end of year$15,955,344
Participants with balances224
Active participants203
Employer contributions$1,064,413
Employee contributions$1,869,400
Employer contribution per active participant$5,243
Average account balance$71,229
Benefits paid to participants$1,423,004
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.0M · 224 accts · $1.1M emplr
2023$12.4M · 221 accts · $901K emplr
2022$8.3M · 190 accts · $681K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,157
Investment management$2,790
Total administrative$14,947
The Lenders Protection, LLC 401(k) match · 2024
Employer contribution per active participant$5,243
Median for plans this size$2,416
2024$5,243 per active participant
2023$4,550 per active participant
2022$3,985 per active participant

Lenders Protection, LLC's 2024 employer contribution ran above the $2,416 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 · 20241
DEFINITI LLC · Recordkeeping$12,157

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$14,947 · 0.11%
2023$9,467 · 0.09%
2022$5,052 · 0.06%
Same employer
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Vista Bancshares, Inc. TX$16.4M · 0.16%
First State Bank TX$16.3M · 0.36%
Citizens, Inc. TX$16.1M · 0.31%
Alliance Credit Union TX$15.6M · 0.40%
Interflex Payments, LLC TX$15.4M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450530552 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.