Plan Ledger DOL Form 5500 · updated monthly

Liberty Lending, LLC401(k)

LIBERTY LENDING, LLC 401(K) PROFIT SHARING PLAN AND TRUST · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Liberty Lending, LLC reported $11,114 in plan administrative expenses for 2024: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,090 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 0.09% to 0.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in New York (3,922nd of 5,648), and 4,174th of 4,798 in finance & insurance. In 2024, employees put in $2.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,947,853
Participants with balances145
Active participants128
Employer contributions$395,501
Employee contributions$967,391
Employer contribution per active participant$3,090
Average account balance$54,813
Benefits paid to participants$528,397
Plan auditUnmodified (clean) audit opinion
AuditorCERINI & ASSOCIATES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 145 accts · $396K emplr
2023$5.8M · 143 accts · $341K emplr
2022$4.3M · 153 accts · $424K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,383
Investment management$4,731
Total administrative$11,114
The Liberty Lending, LLC 401(k) match · 2024
Employer contribution per active participant$3,090
Median for plans this size$1,313
2024$3,090 per active participant
2023$2,731 per active participant
2022$3,259 per active participant

Liberty Lending, LLC's 2024 employer contribution ran above the $1,313 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$6,383
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
2023ADP

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

Administrative cost history3
2024$11,114 · 0.16%
2023$4,090 · 0.08%
2022$3,333 · 0.09%
Similar plansFinance & Insurance · New York
Klik Technologies, Corp. NY$8.8M · 0.60%
Yieldstreet, Inc. NY$8.7M · 0.74%
Republic Operations LLC NY$8.5M · 0.04%
US Mortgage Corporation NY$7.5M · 0.67%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 371779212 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.