Plan Ledger DOL Form 5500 · updated monthly

Lgi Homes, Inc.401(k)

LGI HOMES, INC. 401(K) PLAN · THE WOODLANDS, TX · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Lgi Homes, Inc. reported $203,678 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,885 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 0.31% to 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 695th-largest of 5,688 plans among Texas employers on file, and the 142nd of 2,096 in real estate & leasing. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has grown from 863 to 1,175 since 2022.

Plan summary
Net assets, end of year$90,961,637
Participants with balances1,315
Active participants1,175
Employer contributions$4,565,262
Employee contributions$8,897,849
Employer contribution per active participant$3,885
Average account balance$69,172
Benefits paid to participants$11,446,174
Plan auditUnmodified (clean) audit opinion
AuditorSHEFFIELD, TRACKWELL & RAPP, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$91.0M · 1,315 accts · $4.6M emplr
2023$76.6M · 1,240 accts · $4.4M emplr
2022$57.6M · 1,074 accts · $4.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$122,077
Investment management$61,882
Audit (IQPA)$19,600
Total administrative$203,678
The Lgi Homes, Inc. 401(k) match · 2024
Employer contribution per active participant$3,885
Median for plans this size$3,635
2024$3,885 per active participant
2023$4,692 per active participant
2022$5,192 per active participant

Lgi Homes, Inc.'s 2024 employer contribution ran above the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$122,077
LEGACY ASSET MANAGEMENT INC · Investment advisory (plan)$40,540
SHEFFIELD, TRACKWELL & RAPP, LLC · Accounting / audit$19,600
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$13,618
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,725

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$203,678 · 0.24%
2023$159,356 · 0.24%
2022$185,287 · 0.31%
Similar plansReal Estate & Leasing · Texas
Stream Realty Partners TX$97.1M · 0.31%
Stream Realty Partners TX$73.2M · 0.40%
Dwyer Franchising LLC TX$71.8M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463088013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.