Plan Ledger DOL Form 5500 · updated monthly

Londen Insurance Group, Inc.401(k)

LONDEN INSURANCE GROUP 401(K) PROFIT SHARING PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Londen Insurance Group, Inc. reported $95,030 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $4,566 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 0.21% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 179th-largest of 1,285 plans among Arizona employers on file, and the 1,594th of 4,798 in finance & insurance. In 2024, employees put in $1.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,988,363
Participants with balances425
Active participants364
Employer contributions$1,662,051
Employee contributions$2,209,496
Employer contribution per active participant$4,566
Average account balance$124,679
Benefits paid to participants$5,651,040
Plan auditUnmodified (clean) audit opinion
AuditorDWC
Plan history3
Yearassets · accounts · employer contribution
2024$53.0M · 425 accts · $1.7M emplr
2023$48.3M · 433 accts · $1.7M emplr
2022$42.3M · 420 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,030
Total administrative$95,030
The Londen Insurance Group, Inc. 401(k) match · 2024
Employer contribution per active participant$4,566
Median for plans this size$3,635
2024$4,566 per active participant
2023$4,538 per active participant
2022$4,406 per active participant

Londen Insurance Group, Inc.'s 2024 employer contribution ran above the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$98,530
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
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$95,030 · 0.19%
2023$101,590 · 0.22%
2022$96,531 · 0.21%
Same employer
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Gi Manager L.P. AZ$63.9M · 0.03%
Vantage West Credit Union AZ$56.6M · 0.23%
Oneaz Credit Union AZ$52.0M · 0.21%
Fiduciary Wise, LLC AZ$40.8M · 0.49%
Truwest Credit Union AZ$39.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860182559 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.