Plan Ledger DOL Form 5500 · updated monthly

Lifetech Resources, LLC401(k)

LIFETECH RESOURCES, LLC 401(K) PROFIT SHARING PLAN · MOORPARK, CA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Lifetech Resources, LLC reported $12,026 in plan administrative expenses for 2024: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,008 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 0.13% to 0.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in California (6,322nd of 9,483), and 1,340th of 2,096 in real estate & leasing. In 2024, the employer put in $1.18 for every $1.00 employees contributed themselves; active participation has shrunk from 142 to 103 since 2022.

Plan summary
Net assets, end of year$7,023,721
Participants with balances169
Active participants103
Employer contributions$515,836
Employee contributions$438,433
Employer contribution per active participant$5,008
Average account balance$41,560
Benefits paid to participants$1,208,218
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 169 accts · $516K emplr
2023$6.5M · 153 accts · $538K emplr
2022$6.7M · 136 accts · $554K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,026
Total administrative$12,026
The Lifetech Resources, LLC 401(k) match · 2024
Employer contribution per active participant$5,008
Median for plans this size$1,313
2024$5,008 per active participant
2023$4,239 per active participant
2022$3,899 per active participant

Lifetech Resources, 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 · 20244
LIINCOLN FINANCIAL ADVISORS CORPindirect comp
THE RYDING COMPANY · Other servicesindirect comp
ACTUARIAL BENEFITS CORP. · Other servicesindirect comp
VOYAindirect 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$12,026 · 0.18%
2023$11,162 · 0.17%
2022$8,752 · 0.13%
Same employer
Similar plansReal Estate & Leasing · California
Bright Development CA$7.2M · 0.01%
Barker Management, Inc. CA$6.9M · 0.65%
Pacific Storage Company CA$6.8M · 0.29%
Pacific AG Rentals, LLC CA$6.7M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954682107 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.