Plan Ledger DOL Form 5500 · updated monthly

Lg Cns America Inc401(k)

LG CNS AMERICA INC 401(K) PROFIT SHARING PLAN & TRUST · ENGLEWOOD CLIFFS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Lg Cns America Inc reported $4,570 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,661 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 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,006th-largest of 2,419 plans among New Jersey employers on file, and the 5,152nd of 11,654 in professional & technical services. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has grown from 181 to 268 since 2022.

Plan summary
Net assets, end of year$22,354,122
Participants with balances295
Active participants268
Employer contributions$981,041
Employee contributions$2,005,919
Employer contribution per active participant$3,661
Average account balance$75,777
Benefits paid to participants$301,050
Plan auditUnmodified (clean) audit opinion
AuditorPOOLER CPA GROUP LLC
Plan history3
Yearassets · accounts · employer contribution
2024$22.4M · 295 accts · $981K emplr
2023$16.3M · 251 accts · $784K emplr
2022$11.9M · 189 accts · $560K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,700
Investment management$1,910
Trustee / custodial$960
Total administrative$4,570
The Lg Cns America Inc 401(k) match · 2024
Employer contribution per active participant$3,661
Median for plans this size$2,416
2024$3,661 per active participant
2023$3,320 per active participant
2022$3,096 per active participant

Lg Cns America Inc's 2024 employer contribution ran above the $2,416 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.

Administrative cost history3
2024$4,570 · 0.02%
2023$2,598 · 0.02%
2022$1,216 · 0.01%
Similar plansProfessional & Technical Services · New Jersey
Micro Strategies, Inc NJ$22.9M · 0.48%
Pashman & Stein, PC NJ$22.5M · 0.11%
National Microrentals, Inc NJ$22.5M · 0.12%
Coyne Public Relations NJ$22.2M · 0.03%
Visionet Systems Inc NJ$21.7M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743098418 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.