Plan Ledger DOL Form 5500 · updated monthly

Lhp Management, LLC401(k)

LHP 401(K) PROFIT SHARING PLAN · KNOXVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Lhp Management, LLC reported $110,204 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,341 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 0.91%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 733rd-largest of 1,496 plans among Tennessee employers on file, and the 920th of 2,096 in real estate & leasing. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,401,882
Participants with balances180
Active participants193
Employer contributions$451,734
Employee contributions$732,552
Employer contribution per active participant$2,341
Average account balance$74,455
Benefits paid to participants$1,083,108
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 180 accts · $452K emplr
2023$10.8M · 189 accts · $443K emplr
2022$9.2M · 186 accts · $404K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,665
Investment management$92,539
Total administrative$110,204
The Lhp Management, LLC 401(k) match · 2024
Employer contribution per active participant$2,341
Median for plans this size$2,416
2024$2,341 per active participant
2023$2,273 per active participant
2022$2,268 per active participant

Lhp Management, LLC's 2024 employer contribution ran below 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.

Service providers · 20242
EPIC ADVISOR, INC. · Claims processing · Recordkeeping$17,665
MERIDIAN TRUST & INVESTMENT COMPANY · Accounting / audit · Claims processing$92,539

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

Recordkeeper by year2
2024EPIC ADVISOR, INC.
2023EPIC ADVISOR, INC.

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Administrative cost history3
2024$110,204 · 0.91%
2023$87,726 · 0.88%
2022$87,079 · 0.88%
Same employer
Similar plansReal Estate & Leasing · Tennessee
Novatech Inc. TN$18.6M · 0.23%
Property Brands TN$17.8M · 0.77%
The Mathews Company, LLC TN$13.7M · 0.66%
Crye-Leike, Inc. TN$13.5M · 0.71%
Alco Management, Inc. TN$12.5M · 0.33%
The Dude Abides, Inc TN$8.8M · 0.10%
T.E. Properties, Inc. TN$8.1M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201674264 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.