Plan Ledger DOL Form 5500 · updated monthly

Lexington Partners L.P.401(k)

LEXINGTON PARTNERS 401(K) RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Lexington Partners L.P. reported $144,280 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $40,018 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 0.143%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 720th-largest of 5,648 plans among New York employers on file, and the 922nd of 4,798 in finance & insurance. In 2024, the employer put in $2.27 for every $1.00 employees contributed themselves; active participation has grown from 112 to 135 since 2022.

Plan summary
Net assets, end of year$111,926,095
Participants with balances159
Active participants135
Employer contributions$5,402,438
Employee contributions$2,378,539
Employer contribution per active participant$40,018
Average account balance$703,938
Benefits paid to participants$2,055,019
Plan auditUnmodified (clean) audit opinion
AuditorEISNERAMPER
Plan history3
Yearassets · accounts · employer contribution
2024$111.9M · 159 accts · $5.4M emplr
2023$90.3M · 145 accts · $3.2M emplr
2022$74.5M · 129 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$144,280
Total administrative$144,280
The Lexington Partners L.P. 401(k) match · 2024
Employer contribution per active participant$40,018
Median for plans this size$3,635
2024$40,018 per active participant
2023$27,101 per active participant
2022$29,440 per active participant

Lexington Partners L.P.'s 2024 employer contribution ran above the $3,635 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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$144,280

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$144,280 · 0.14%
2023$118,159 · 0.14%
2022$117,194 · 0.14%
Same employer
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Sirius Global Services, LLC NY$118.0M · 0.08%
Ambac Financial Group NY$115.3M · 0.07%
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Fmc Group Holdings LP NY$110.8M · 0.01%
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Source: U.S. Department of Labor, Form 5500 series, EIN 263860011 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.