Plan Ledger DOL Form 5500 · updated monthly

Liberty Lift Solutions LLC401(k)

LIBERTY LIFT SOLUTIONS, LLC 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Liberty Lift Solutions LLC reported $51,125 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $2,909 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 0.29% to 0.26%. 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 1,860th-largest of 5,688 plans among Texas employers on file, and the 958th of 3,341 in other services. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has grown from 464 to 668 since 2022.

Plan summary
Net assets, end of year$22,730,718
Participants with balances560
Active participants668
Employer contributions$1,942,977
Employee contributions$3,154,795
Employer contribution per active participant$2,909
Average account balance$40,591
Benefits paid to participants$1,795,976
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$22.7M · 560 accts · $1.9M emplr
2023$16.8M · 406 accts · $1.5M emplr
2022$11.9M · 340 accts · $1.0M emplr
The Liberty Lift Solutions LLC 401(k) match · 2024
Employer contribution per active participant$2,909
Median for plans this size$2,416
2024$2,909 per active participant
2023$3,232 per active participant
2022$2,189 per active participant

Liberty Lift Solutions LLC's 2024 employer contribution ran above 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 · 202411
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$51,125
PIMCO FUNDS · Investment managementindirect comp
AMERICAN FUNDS · Investment managementindirect comp
DIMENSIONAL FUNDS · Investment managementindirect comp
MFS FUNDS · Investment managementindirect comp
FIDELITY FUNDS · Investment managementindirect comp
PRUDENTIAL JENNISON FUNDS · Investment managementindirect comp
AMERICAN BEACON FUNDS · Investment managementindirect comp
VANGUARD FUNDS · Investment managementindirect comp
JP MORGAN FUNDS · Investment managementindirect comp
IVY FUNDS · Investment managementindirect 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
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$51,125 · 0.26%
2023$55,950 · 0.39%
2022$32,458 · 0.29%
Same employer
Similar plansOther Services · Texas
Arnold Ventures LLC TX$24.4M · 0.02%
Kibo Software, Inc. TX$23.1M · 0.24%
Sport Clips, Inc. TX$21.9M · 0.08%
Dallas Theological Seminary TX$20.9M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461386383 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.