Plan Ledger DOL Form 5500 · updated monthly

Litigation Management, Inc.401(k)

LITIGATION MANAGEMENT 401(K) PLAN · CHESTERLAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

Litigation Management, Inc. reported $45,778 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $124 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 0.80% to 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (2,511th of 3,295), and 9,719th of 11,654 in professional & technical services. In 2024, employees put in $8.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,208,568
Participants with balances121
Active participants328
Employer contributions$40,548
Employee contributions$338,964
Employer contribution per active participant$124
Average account balance$43,046
Benefits paid to participants$984,217
Plan auditUnmodified (clean) audit opinion
AuditorPW PARTNERS
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 121 accts · $41K emplr
2023$5.1M · 140 accts · $40K emplr
2022$4.8M · 154 accts · $56K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,603
Investment management$27,175
Total administrative$45,778
The Litigation Management, Inc. 401(k) match · 2024
Employer contribution per active participant$124
Median for plans this size$1,313
2024$124 per active participant
2023$123 per active participant
2022$159 per active participant

Litigation Management, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20243
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$21,648
EMPOWER ADVISORY GROUP, LLC · Investment management$5,527

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$45,778 · 0.89%
2023$40,987 · 0.83%
2022$41,516 · 0.80%
Similar plansProfessional & Technical Services · Ohio
Change Up, LLC OH$5.6M · 0.12%
Q Labs LLC OH$5.5M · 0.34%
Revel IT, Inc. OH$5.5M · 0.65%
The Rehab Continuum, Inc. OH$5.4M · 0.28%
Edaptive Computing, Inc. OH$5.1M · 0.19%
Dee Sign USA, LLC. OH$5.0M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341433351 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.