Plan Ledger DOL Form 5500 · updated monthly

Lendingpoint LLC401(k)

LENDINGPOINT LLC 401(K) PLAN · KENNESAW, GA · plan year 2025

Reported admin expense ratio · 2025
0.72%

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

Lendingpoint LLC reported $81,159 in plan administrative expenses for 2025: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,614 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 3 years on file its reported administrative ratio fell from 0.86% to 0.72%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Georgia (1,146th of 2,160), and 3,819th of 4,798 in finance & insurance. In 2025, employees put in $3.03 for every $1.00 the employer contributed; active participation has shrunk from 529 to 178 since 2022.

Plan summary
Net assets, end of year$11,719,275
Participants with balances241
Active participants178
Employer contributions$465,232
Employee contributions$1,410,063
Employer contribution per active participant$2,614
Average account balance$48,628
Benefits paid to participants$3,046,016
Plan auditUnmodified (clean) audit opinion
AuditorMOORE COLSON & COMPANY PC
Plan history4
Yearassets · accounts · employer contribution
2025$11.7M · 241 accts · $465K emplr
2024$10.9M · 372 accts · $333K emplr
2023$10.6M · 387 accts · $693K emplr
2022$7.3M · 533 accts · $963K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$53,428
Investment management$27,731
Total administrative$81,159
The Lendingpoint LLC 401(k) match · 2025
Employer contribution per active participant$2,614
Median for plans this size$2,666
2025$2,614 per active participant
2024$1,606 per active participant
2023$1,914 per active participant
2022$1,820 per active participant

Lendingpoint LLC's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$53,428
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$27,731

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

Administrative cost history4
2025$81,159 · 0.72%
2024$91,936 · 0.86%
2023$89,489 · 1.00%
2022$52,064 · 0.86%
Same employer
Similar plansFinance & Insurance · Georgia
The Piedmont Bank GA$11.7M · 0.21%
Otr Capital GA$11.7M · 0.46%
Coosa Valley Credit Union GA$10.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471697765 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.