Plan Ledger DOL Form 5500 · updated monthly

Loch Harbour Group Inc401(k)

LOCH HARBOUR GROUP INC 401(K) PROFIT SHARING PLAN & TRUST · FAIRFAX, VA · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Loch Harbour Group Inc reported $69,360 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,691 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 0.52% to 0.84%. 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 Virginia (1,547th of 2,266), and 8,421st of 11,654 in professional & technical services. In 2024, employees put in $4.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,688,033
Participants with balances149
Active participants78
Employer contributions$131,887
Employee contributions$656,631
Employer contribution per active participant$1,691
Average account balance$58,309
Benefits paid to participants$1,075,420
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 149 accts · $132K emplr
2023$7.9M · 163 accts · $120K emplr
2022$6.6M · 195 accts · $142K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,290
Total administrative$69,360
The Loch Harbour Group Inc 401(k) match · 2024
Employer contribution per active participant$1,691
Median for plans this size$1,313
2024$1,691 per active participant
2023$1,604 per active participant
2022$1,750 per active participant

Loch Harbour Group Inc'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 · 20243
MERIDIAN INVESTMENT ADVISORS, INC. · Investment advisory (plan)$24,827
SIKICH CPA LLC · Accounting / audit$14,560
RETIREMENT PLAN CONCEPTS & SERVICES · Other services$7,940

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$69,360 · 0.84%
2023$67,990 · 0.94%
2022$37,554 · 0.52%
Similar plansProfessional & Technical Services · Virginia
Rid Ventures, LLC VA$8.9M · 0.68%
Synchron, LLC VA$8.7M · 0.54%
Afg Group Inc VA$8.7M · 0.54%
Maconit, Inc. VA$8.7M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541761107 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.