Plan Ledger DOL Form 5500 · updated monthly

Liquid Web LLC401(k)

LIQUID WEB, LLC 401K PLAN · LANSING, MI · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Liquid Web LLC reported $175,893 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,861 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 3 years on file its reported administrative ratio has held roughly steady near 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 667th-largest of 2,619 plans among Michigan employers on file, and the 674th of 2,199 in information & media. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has shrunk from 574 to 511 since 2022.

Plan summary
Net assets, end of year$36,625,977
Participants with balances777
Active participants511
Employer contributions$1,462,208
Employee contributions$2,934,537
Employer contribution per active participant$2,861
Average account balance$47,138
Benefits paid to participants$4,935,136
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.6M · 777 accts · $1.5M emplr
2023$32.7M · 40 accts · $1.4M emplr
2022$26.9M · 768 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,905
Investment management$83,988
Total administrative$175,893
The Liquid Web LLC 401(k) match · 2024
Employer contribution per active participant$2,861
Median for plans this size$2,416
2024$2,861 per active participant
2023$2,697 per active participant
2022$2,457 per active participant

Liquid Web LLC'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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$91,905
UBS FINANCIAL SERVICES, INC. · Investment advisory (plan)$83,989

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$175,893 · 0.51%
2023$148,047 · 0.50%
2022$152,612 · 0.53%
Same employer
Similar plansInformation & Media · Michigan
Bnp Media, Inc. MI$59.1M · 0.31%
Saga Communications Inc. MI$46.2M · 0.09%
SECURE-24, LLC MI$43.6M · 0.01%
US Signal Company MI$29.3M · 0.26%
IT Group, LLC MI$29.1M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383423459 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.