Plan Ledger DOL Form 5500 · updated monthly

Lgi Services, LLC403(b)

LGI SERVICES, LLC 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Lgi Services, LLC reported $158,655 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $6,204 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 0.29% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,599th-largest of 5,648 plans among New York employers on file, and the 545th of 3,341 in other services. In 2024, employees put in $1.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,962,611
Participants with balances401
Active participants155
Employer contributions$961,685
Employee contributions$1,206,757
Employer contribution per active participant$6,204
Average account balance$99,657
Benefits paid to participants$2,669,242
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.0M · 401 accts · $962K emplr
2023$36.7M · 422 accts · $902K emplr
2022$33.9M · 449 accts · $866K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,335
Investment management$75,320
Total administrative$158,655
Employer contributions to the Lgi Services, LLC plan · 2024
Employer contribution per active participant$6,204
Median for plans this size$2,416
2024$6,204 per active participant
2023$5,857 per active participant
2022$5,484 per active participant

Lgi Services, LLC's 2024 employer contribution ran above the $2,416 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$83,335
MORGAN STANLEY GLOBAL BA · Investment advisory (plan)$75,128
LGI SERVICES · Other servicesindirect comp

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$158,655 · 0.41%
2023$146,464 · 0.42%
2022$108,503 · 0.29%
Same employer
Similar plansOther Services · New York
Unitex Textile Services LLC NY$43.1M · 0.04%
Welllife Network Inc. NY$41.2M · 0.05%
Help USA, Inc. NY$37.6M · 0.94%
Ur Medicine Home Care Inc. NY$37.6M · 0.27%
Seneca Nation of Indians NY$37.3M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464232802 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.