Plan Ledger DOL Form 5500 · updated monthly

Lmi 2.0, LLC401(k)

LMI 2.0, LLC 401(K) PLAN · DORAL, FL · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Lmi 2.0, LLC reported $35,967 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $1,752 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 0.43% to 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (1,968th of 3,644), and 6,292nd of 11,911 in health care & social assistance. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,380,953
Participants with balances120
Active participants126
Employer contributions$220,789
Employee contributions$344,983
Employer contribution per active participant$1,752
Average account balance$69,841
Benefits paid to participants$650,940
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 120 accts · $221K emplr
2023$7.4M · 120 accts · $232K emplr
2022$6.2M · 125 accts · $229K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,967
Total administrative$35,967
The Lmi 2.0, LLC 401(k) match · 2024
Employer contribution per active participant$1,752
Median for plans this size$1,313
2024$1,752 per active participant
2023$1,867 per active participant
2022$1,847 per active participant

Lmi 2.0, LLC's 2024 employer contribution ran above the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$35,967
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$35,967 · 0.46%
2023$31,267 · 0.46%
2022$29,355 · 0.43%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Family Central, Inc. FL$8.5M · 0.87%
Foundcare, Inc. FL$8.1M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 852787548 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.