Plan Ledger DOL Form 5500 · updated monthly

Lifestyle Communities, LTD.401(k)

LIFESTYLE COMMUNITIES, LTD. AND AFFILIATES 401(K) PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Lifestyle Communities, LTD. reported $68,311 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $2,683 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 0.37% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,388th-largest of 3,295 plans among Ohio employers on file, and the 2,121st of 5,337 in construction. In 2024, employees put in $1.65 for every $1.00 the employer contributed; active participation has grown from 354 to 392 since 2022.

Plan summary
Net assets, end of year$18,787,060
Participants with balances438
Active participants392
Employer contributions$1,051,617
Employee contributions$1,734,693
Employer contribution per active participant$2,683
Average account balance$42,893
Benefits paid to participants$2,310,484
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 438 accts · $1.1M emplr
2023$15.1M · 566 accts · $913K emplr
2022$13.9M · 431 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,535
Investment management$29,776
Total administrative$68,311
The Lifestyle Communities, LTD. 401(k) match · 2024
Employer contribution per active participant$2,683
Median for plans this size$2,416
2024$2,683 per active participant
2023$2,460 per active participant
2022$2,978 per active participant

Lifestyle Communities, LTD.'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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,701
EVERHART FINANCIAL GROUP INC · Investment advisory (plan)$19,887
EVERHART FINANCIAL GROUP INC · Investment advisory (plan)$9,889

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$68,311 · 0.40%
2023$48,969 · 0.34%
2022$54,430 · 0.37%
Similar plansConstruction · Ohio
Air Force One, LLC OH$19.1M · 0.22%
Rite Rug Company, Inc. OH$18.9M · 0.66%
Fortney & Weygandt, Inc. OH$18.6M · 0.30%
Settle Muter Electric OH$18.2M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311468514 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.