Plan Ledger DOL Form 5500 · updated monthly

Lipsey Communications, LLC401(k)

CONNECTIVITY SOURCE 401(K) PLAN · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022
2.09%

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

Lipsey Communications, LLC reported $28,340 in plan administrative expenses for 2022: 2.09% of average plan assets, higher than ~90% of peers. Employer contributions averaged $630 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Texas (5,085th of 5,688), and 2,120th of 2,199 in information & media. In 2022, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,540,558
Participants with balances187
Active participants547
Employer contributions$344,698
Employee contributions$503,798
Employer contribution per active participant$630
Average account balance$8,238
Benefits paid to participants$333,795
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$28,340
Total administrative$28,340
The Lipsey Communications, LLC 401(k) match · 2022
Employer contribution per active participant$630
Median for plans this size$1,114

Lipsey Communications, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$28,340 · 2.09%
Similar plansInformation & Media · Texas
Fyi Television, Inc. TX$2.1M · 1.24%
Brycomm, LLC TX$2.0M · 1.40%
Vivial Media LLC TX$1.9M · 0.08%
Brightpearl, Inc TX$1.3M · 0.76%
Optimal Wireless TX$1.3M · 0.29%
Literati Inc. TX$1.0M · 1.85%
Milsoft Utility Solutions TX$904K · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721445049 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.