Plan Ledger DOL Form 5500 · updated monthly

Liberty Title Agency, Inc.401(k)

LIBERTY TITLE CO. PROFIT SHARING PLAN & TRUST · BIRMINGHAM, MI · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Liberty Title Agency, Inc. reported $55,509 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. Employer contributions averaged $1,468 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 0.75% to 0.57%. 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 Michigan (1,510th of 2,619), and 3,933rd of 4,798 in finance & insurance. In 2024, employees put in $4.47 for every $1.00 the employer contributed; active participation has shrunk from 132 to 100 since 2022.

Plan summary
Net assets, end of year$10,465,671
Participants with balances142
Active participants100
Employer contributions$146,756
Employee contributions$656,585
Employer contribution per active participant$1,468
Average account balance$73,702
Benefits paid to participants$512,472
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 142 accts · $147K emplr
2023$9.0M · 141 accts · $161K emplr
2022$7.3M · 168 accts · $201K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,509
Total administrative$55,509
The Liberty Title Agency, Inc. 401(k) match · 2024
Employer contribution per active participant$1,468
Median for plans this size$1,313
2024$1,468 per active participant
2023$1,494 per active participant
2022$1,524 per active participant

Liberty Title Agency, 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$32,118
GALLAGHER FIDUCIARY ADVISORS · Pension consulting · Investment advisory (plan)$28,474
BAKER TILLY US, LLP · Accounting / audit$14,000

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Liberty Title Agency, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$55,509 · 0.57%
2023$47,005 · 0.58%
2022$58,379 · 0.75%
Same employer
Similar plansFinance & Insurance · Michigan
Top Flite Financial Inc. MI$13.4M · 0.10%
Ofta, LLC MI$10.2M · 0.37%
Wilson Partners II, LLC MI$10.0M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 382031938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.