Plan Ledger DOL Form 5500 · updated monthly

Lia Group, Inc.401(k)

THE LIA GROUP 401(K) PLAN · ALBANY, NY · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

Lia Group, Inc. reported $223,185 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~90% of peers. Employer contributions averaged $691 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 0.89%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 2,116th-largest of 5,648 plans among New York employers on file, and the 1,145th of 5,215 in retail trade. In 2024, employees put in $5.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,567,639
Participants with balances845
Active participants763
Employer contributions$527,189
Employee contributions$2,855,848
Employer contribution per active participant$691
Average account balance$31,441
Benefits paid to participants$2,955,838
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.6M · 845 accts · $527K emplr
2023$23.4M · 859 accts · $477K emplr
2022$19.7M · 914 accts · $318K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$223,185
Total administrative$223,185
The Lia Group, Inc. 401(k) match · 2024
Employer contribution per active participant$691
Median for plans this size$2,416
2024$691 per active participant
2023$643 per active participant
2022$423 per active participant

Lia Group, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20245
EMPIRE ADVISORY GROUP, LLC · Investment management$60,450
CREATIVE PENSION CONSULTANTS, INC. · Contract administrator$50,048
PRIVATE ADVISORS GROUP, LLC · Investment advisory (plan)$14,781
LPL FINANCIAL, LLCindirect 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$223,185 · 0.89%
2023$210,117 · 0.97%
2022$196,011 · 0.93%
Similar plansRetail Trade · New York
Western Beef Retail, Inc NY$28.4M · 0.22%
Vince Holding Corp. NY$27.8M · 0.28%
Keeler Motor Car Co Limited NY$27.5M · 0.31%
Dolce & Gabbana USA, Inc. NY$24.4M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141787128 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.