Plan Ledger DOL Form 5500 · updated monthly

Liberation Programs, Inc.401(k)

LIBERATION PROGRAMS, INC. 401K PROFIT SHARING PLAN & TRUST · BRIDGEPORT, CT · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Liberation Programs, Inc. reported $21,056 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $1,554 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 0.54% to 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Connecticut (936th of 1,106), and 8,250th of 11,911 in health care & social assistance. In 2024, employees put in $2.43 for every $1.00 the employer contributed; active participation has grown from 122 to 167 since 2022.

Plan summary
Net assets, end of year$4,446,401
Participants with balances224
Active participants167
Employer contributions$259,485
Employee contributions$631,024
Employer contribution per active participant$1,554
Average account balance$19,850
Benefits paid to participants$1,058,938
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 224 accts · $259K emplr
2023$3.9M · 213 accts · $139K emplr
2022$3.0M · 172 accts · $93K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,189
Investment management$9,867
Total administrative$21,056
The Liberation Programs, Inc. 401(k) match · 2024
Employer contribution per active participant$1,554
Median for plans this size$1,313
2024$1,554 per active participant
2023$983 per active participant
2022$760 per active participant

Liberation Programs, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$11,189
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$9,866
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$21,056 · 0.50%
2023$19,305 · 0.56%
2022$16,582 · 0.54%
Similar plansHealth Care & Social Assistance · Connecticut
Utopia Home Care Inc. CT$4.5M · 0.02%
Bradley Home for the Aged CT$4.3M · 0.46%
The Suffield Manor CT$4.2M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060867006 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.