Plan Ledger DOL Form 5500 · updated monthly

Life and Specialty Ventures LLC401(k)

LIFE AND SPECIALTY VENTURES, LLC 401(K) PLAN · LITTLE ROCK, AR · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Life and Specialty Ventures LLC reported $76,553 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,841 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 0.05% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 31st-largest of 456 plans among Arkansas employers on file, and the 177th of 786 in management of companies. In 2024, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$138,195,183
Participants with balances771
Active participants657
Employer contributions$3,837,829
Employee contributions$5,841,843
Employer contribution per active participant$5,841
Average account balance$179,241
Benefits paid to participants$8,573,395
Plan auditUnmodified (clean) audit opinion
AuditorRASCO WINTER THOMAS GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$138.2M · 771 accts · $3.8M emplr
2023$117.5M · 733 accts · $3.5M emplr
2022$96.2M · 756 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,801
Investment management$3,988
Total administrative$76,553
The Life and Specialty Ventures LLC 401(k) match · 2024
Employer contribution per active participant$5,841
Median for plans this size$3,635
2024$5,841 per active participant
2023$5,715 per active participant
2022$5,476 per active participant

Life and Specialty Ventures LLC's 2024 employer contribution ran above the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Trustee (directed) · Loan processing$54,176
BCBSA NEBA · Plan administrator$18,764
SS&C · Other servicesindirect 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$76,553 · 0.06%
2023$69,163 · 0.06%
2022$55,226 · 0.05%
Same employer
Similar plansManagement of Companies · Arkansas
Arcbest Corporation AR$778.4M · 0.06%
Stephens Shared Services LLC AR$409.3M · 0.05%
Replacement Parts, Inc. AR$39.3M · 0.16%
Bank of 1889 AR$24.8M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800233147 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.