Plan Ledger DOL Form 5500 · updated monthly

Lloyd Companies, Inc.401(k)

LLOYD COMPANIES 401(K) PLAN AND TRUST · SIOUX FALLS, SD · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Lloyd Companies, Inc. reported $44,829 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,628 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 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 92nd-largest of 233 plans among South Dakota employers on file, and the 674th of 2,096 in real estate & leasing. In 2024, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,736,685
Participants with balances434
Active participants353
Employer contributions$927,583
Employee contributions$2,199,420
Employer contribution per active participant$2,628
Average account balance$45,476
Benefits paid to participants$1,371,725
Plan auditUnmodified (clean) audit opinion
AuditorKETEL THORSTENSON, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.7M · 434 accts · $928K emplr
2023$16.0M · 397 accts · $819K emplr
2022$11.2M · 367 accts · $548K emplr
Administrative expenses, itemized · 2024
Investment management$42,944
Trustee / custodial$1,885
Total administrative$44,829
The Lloyd Companies, Inc. 401(k) match · 2024
Employer contribution per active participant$2,628
Median for plans this size$2,416
2024$2,628 per active participant
2023$2,333 per active participant
2022$1,708 per active participant

Lloyd Companies, Inc.'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 · 20243
SECURITY NATIONAL BANK · Trustee · Recordkeeping$42,944
CHARLES SCHWAB TRUST BANK · Custodial (securities)$1,885
CHARLES SCHWAB & CO INC · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024SECURITY NATIONAL BANK
2023SECURITY NATIONAL BANK

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Administrative cost history3
2024$44,829 · 0.25%
2023$30,641 · 0.23%
2022$27,265 · 0.24%
Same employer
Similar plansReal Estate & Leasing · South Dakota
T.L.H. Enterprises, Inc. TX$19.8M · 0.41%
The Ezralow Company, LLC CA$19.7M · 0.03%
Meyer Properties CA$19.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832634703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.