Plan Ledger DOL Form 5500 · updated monthly

Lmc Property Management Co Inc401(k)

LEAL MANAGEMENT 401K PLAN · JACKSONVILLE, FL · plan year 2022

Reported admin expense ratio · 2022
1.26%

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

Lmc Property Management Co Inc reported $448 in plan administrative expenses for 2022: 1.26% of average plan assets, above the peer median. Employer contributions averaged $63 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Florida (3,625th of 3,644), and 2,510th of 2,534 in administrative & support services. In 2022, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,519
Participants with balances19
Active participants188
Employer contributions$11,863
Employee contributions$25,036
Employer contribution per active participant$63
Average account balance$1,869
Benefits paid to participants$2,986
Plan auditUnmodified (clean) audit opinion
The Lmc Property Management Co Inc 401(k) match · 2022
Employer contribution per active participant$63
Median for plans this size$331

Lmc Property Management Co Inc's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$448 · 1.26%
Similar plansAdministrative & Support Services · Florida
Encompass Onsite, LLC FL$105K · 0.58%
Frontline Peo Corp FL$11K · 0.24%
Els of Florida, Inc. FL$6K · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203338127 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.