Plan Ledger DOL Form 5500 · updated monthly

Lightedge Solutions, LLC401(k)

LIGHTEDGE SOLUTIONS, LLC 401(K) PLAN · DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Lightedge Solutions, LLC reported $22,880 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,405 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 0.25% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 223rd-largest of 878 plans among Iowa employers on file, and the 3,187th of 11,654 in professional & technical services. In 2024, employees put in $2.72 for every $1.00 the employer contributed; active participation has grown from 278 to 390 since 2022.

Plan summary
Net assets, end of year$41,903,550
Participants with balances451
Active participants390
Employer contributions$547,763
Employee contributions$1,492,078
Employer contribution per active participant$1,405
Average account balance$92,913
Benefits paid to participants$4,124,949
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.9M · 451 accts · $548K emplr
2023$16.6M · 235 accts · $632K emplr
2022$12.1M · 198 accts · $537K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,530
Total administrative$22,880
The Lightedge Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$1,405
Median for plans this size$2,416
2024$1,405 per active participant
2023$2,394 per active participant
2022$1,933 per active participant

Lightedge Solutions, LLC's 2024 employer contribution ran below 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 · 20241

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$22,880 · 0.08%
2023$18,622 · 0.13%
2022$29,666 · 0.25%
Same employer
Similar plansProfessional & Technical Services · Iowa
Rdg Planning & Design, Inc. IA$57.0M · 0.29%
Quality Consulting, Inc. IA$49.0M · 0.30%
Opn Architects, Inc. IA$40.4M · 0.36%
Whitfield & Eddy P.L.C. IA$32.5M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421458509 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.