Plan Ledger DOL Form 5500 · updated monthly

Lerner Rowe & Associates PC401(k)

LERNER ROWE & ASSOCIATES PC 401(K) PROFIT SHARING PLAN & TRUST · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Lerner Rowe & Associates PC reported $35,171 in plan administrative expenses for 2024: 0.53% of average plan assets, below the peer median. Employer contributions averaged $2,237 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 has held roughly steady near 0.529%. 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 Nevada (239th of 437), and 8,814th of 11,654 in professional & technical services. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,643,858
Participants with balances192
Active participants226
Employer contributions$505,513
Employee contributions$818,191
Employer contribution per active participant$2,237
Average account balance$39,812
Benefits paid to participants$305,842
Plan auditUnmodified (clean) audit opinion
AuditorBD & ASSOCIATES CPAS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 192 accts · $506K emplr
2023$5.7M · 194 accts · $388K emplr
2022$4.0M · 265 accts · $573K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,224
Investment management$32,087
Trustee / custodial$860
Total administrative$35,171
The Lerner Rowe & Associates PC 401(k) match · 2024
Employer contribution per active participant$2,237
Median for plans this size$1,313
2024$2,237 per active participant
2023$1,693 per active participant
2022$2,591 per active participant

Lerner Rowe & Associates PC's 2024 employer contribution ran above 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
UNITED PLANNERS FINANCIAL SERVICES · Investment advisory (participants)$32,087

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$35,171 · 0.53%
2023$29,893 · 0.62%
2022$20,698 · 0.53%
Similar plansProfessional & Technical Services · Nevada
B&R Global Services LLC NV$10.5M · 0.82%
Bestlife Holdings Inc NV$8.9M · 0.43%
Ontrak, Inc. NV$7.5M · 0.24%
Glen J Lerner Esq NV$6.9M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061756323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.