Plan Ledger DOL Form 5500 · updated monthly

Lmsi, LLC dba. Lighthouse Lab401(k)

LMSI, LLC DBA. LIGHTHOUSE LAB SERVICES 401K PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Lmsi, LLC dba. Lighthouse Lab reported $25,421 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $3,118 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 fell from 0.57% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,381st of 2,005), and 9,433rd of 11,654 in professional & technical services. In 2024, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,917,643
Participants with balances156
Active participants139
Employer contributions$433,446
Employee contributions$1,027,111
Employer contribution per active participant$3,118
Average account balance$37,934
Benefits paid to participants$975,446
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 156 accts · $433K emplr
2023$3.9M · 130 accts · $355K emplr
2022$2.6M · 148 accts · $470K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,286
Investment management$135
Total administrative$25,421
The Lmsi, LLC dba. Lighthouse Lab 401(k) match · 2024
Employer contribution per active participant$3,118
Median for plans this size$1,313
2024$3,118 per active participant
2023$3,169 per active participant
2022$3,455 per active participant

Lmsi, LLC dba. Lighthouse Lab's 2024 employer contribution ran above the $1,313 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.

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 · 20241
ADP, INC. · Loan processing · Recordkeeping$25,421

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$25,421 · 0.52%
2023$16,663 · 0.51%
2022$11,215 · 0.57%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Pinta Corporation NC$6.4M · 0.67%
Vantaca, LLC NC$6.1M · 0.02%
Adwerx, Inc. NC$5.7M · 0.41%
Sokal Media Group, Inc. NC$5.6M · 0.34%
Tsi Healthcare, Inc. NC$5.6M · 0.39%
Bellomy Research NC$5.6M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 843411531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.