Plan Ledger DOL Form 5500 · updated monthly

Lloyd's Register Americas, Inc401(k)

LLOYD'S REGISTER 401(K) PLAN · HOUSTON, TX · plan year 2024

Employer contribution per participant · 2024
$7,957

Lloyd's Register Americas, Inc's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $47,424,630 across 213 participant accounts, with employer contributions averaging $7,957 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.09% to 0.13%. 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 1,103rd-largest of 5,688 plans among Texas employers on file, and the 2,885th of 11,654 in professional & technical services. In 2024, employees put in $1.57 for every $1.00 the employer contributed; active participation has shrunk from 143 to 114 since 2022.

Plan summary
Net assets, end of year$47,424,630
Participants with balances213
Active participants114
Employer contributions$907,093
Employee contributions$1,424,045
Employer contribution per active participant$7,957
Average account balance$222,651
Benefits paid to participants$4,106,085
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.4M · 213 accts · $907K emplr
2023$41.0M · 229 accts · $931K emplr
2022$35.8M · 246 accts · $1.2M emplr
The Lloyd's Register Americas, Inc 401(k) match · 2024
Employer contribution per active participant$7,957
Median for plans this size$2,416
2024$7,957 per active participant
2023$7,696 per active participant
2022$8,246 per active participant

Lloyd's Register Americas, Inc's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.

Service providers · 20241
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,768

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

Administrative cost history3
2024Not separately reported
2023$49,941 · 0.13%
2022$43,269 · 0.09%
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Source: U.S. Department of Labor, Form 5500 series, EIN 760647352 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.