Plan Ledger DOL Form 5500 · updated monthly

Lexington Square, LLC401(k)

THE ARCHITECT 401(K) PLAN - LEXINGTON SQUARE 401(K) PLAN · KEOKUK, IA · plan year 2024

Reported admin expense ratio · 2024
1.03%

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

Lexington Square, LLC reported $12,115 in plan administrative expenses for 2024: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $937 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 0.86% to 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Iowa (834th of 878), and 10,651st of 11,911 in health care & social assistance. In 2024, employees put in $1.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,289,804
Participants with balances66
Active participants109
Employer contributions$102,102
Employee contributions$132,449
Employer contribution per active participant$937
Average account balance$19,542
Benefits paid to participants$112,297
Plan auditDisclaimer of opinion
AuditorSCHNURR & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.3M · 66 accts · $102K emplr
2023$1.1M · 56 accts · $77K emplr
2022$894K · 65 accts · $89K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,115
Total administrative$12,115
The Lexington Square, LLC 401(k) match · 2024
Employer contribution per active participant$937
Median for plans this size$1,313
2024$937 per active participant
2023$756 per active participant
2022$844 per active participant

Lexington Square, LLC's 2024 employer contribution ran below 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 · 20245
NIELSEN GINANCIAL MANAGEMENT LLC · Investment advisory (plan)$5,006
THE FINWAY GROUP, LLC · Contract administrator$1,875
EMPOWER ADVISORY GROUP · Investment management$684
WORLD INVESTMENT ADVISORS$501

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$12,115 · 1.03%
2023$10,641 · 1.09%
2022$8,364 · 0.86%
Similar plansHealth Care & Social Assistance · Iowa
Eventide Lutheran Home IA$1.7M · 1.09%
Bridges of Iowa IA$1.1M · 0.19%
Skyline Center, Inc. IA$1.0M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200473448 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.