Plan Ledger DOL Form 5500 · updated monthly

Lmps Administrative Services, LLC401(k)

LMPS HOLDINGS, LLC 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.52%

Lmps Administrative Services, LLC reported $58,597 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. 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 0.49% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Illinois (2,206th of 3,702), and 1,960th of 3,091 in educational services. active participation has shrunk from 212 to 178 since 2022.

Plan summary
Net assets, end of year$12,219,424
Participants with balances206
Active participants178
Employer contributions—
Employee contributions$991,766
Employer contribution per active participant—
Average account balance$59,318
Benefits paid to participants$637,193
Plan auditUnmodified (clean) audit opinion
AuditorALMICH AND ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 206 accts
2023$10.4M · 192 accts
2022$8.5M · 182 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,597
Total administrative$58,597
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 · Loan processing$58,597
CREATIVE PLANNING, INC. · 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$58,597 · 0.52%
2023$48,109 · 0.51%
2022$46,085 · 0.49%
Same employer
Similar plansEducational Services · Illinois
Flinn Scientific, Inc. IL$12.8M · 0.13%
Wheaton Academy IL$12.7M · 0.23%
Vision for Hope IL$11.5M · 0.94%
Elgin Academy IL$11.2M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 261337383 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.