Plan Ledger DOL Form 5500 · updated monthly

Lendlease Americas Holdings, Inc.401(k)

LENDLEASE 401K PLAN · CHARLOTTE, NC · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Lendlease Americas Holdings, Inc. reported $381,688 in plan administrative expenses for 2023: 0.08% of average plan assets, above the peer median. Employer contributions averaged $4,390 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 0.08% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other construction employers. By assets it is the 59th-largest of 2,005 plans among North Carolina employers on file, and the 130th of 5,337 in construction. In 2023, employees put in $3.95 for every $1.00 the employer contributed; active participation has shrunk from 1,280 to 1,028 since 2022.

Plan summary
Net assets, end of year$535,649,821
Participants with balances2,534
Active participants1,028
Employer contributions$4,512,918
Employee contributions$17,847,828
Employer contribution per active participant$4,390
Average account balance$211,385
Benefits paid to participants$45,242,827
Plan auditUnmodified (clean) audit opinion
AuditorCARTER, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$495.1M · 2,145 accts · $3.3M emplr
2023$535.6M · 2,534 accts · $4.5M emplr
2022$475.2M · 2,686 accts · $4.4M emplr
The Lendlease Americas Holdings, Inc. 401(k) match · 2023
Employer contribution per active participant$4,390
Median for plans this size$4,362
2024$8,298 per active participant
2023$4,390 per active participant
2022$3,414 per active participant

Lendlease Americas Holdings, Inc.'s 2023 employer contribution ran above the $4,362 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$126,401
VANGUARD ADVISERS INC. · Investment advisory (participants)$259,287

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$375,164 · 0.07%
2023$381,688 · 0.08%
2022$439,423 · 0.08%
Same employer
Similar plansConstruction · North Carolina
Turner Industries Group, LLC LA$546.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943161010 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.