Plan Ledger DOL Form 5500 · updated monthly

London Computer Systems, Inc.401(k)

LONDON COMPUTER SYSTEMS, INC. 401(K) PROFIT SHARING PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

London Computer Systems, Inc. reported $79,967 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,829 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 0.34% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 896th-largest of 3,295 plans among Ohio employers on file, and the 3,792nd of 11,654 in professional & technical services. In 2024, employees put in $2.27 for every $1.00 the employer contributed; active participation has grown from 316 to 424 since 2022.

Plan summary
Net assets, end of year$33,914,453
Participants with balances488
Active participants424
Employer contributions$1,199,530
Employee contributions$2,723,042
Employer contribution per active participant$2,829
Average account balance$69,497
Benefits paid to participants$429,693
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.9M · 488 accts · $1.2M emplr
2023$26.3M · 441 accts · $977K emplr
2022$19.9M · 394 accts · $777K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,950
Investment management$25,017
Total administrative$79,967
The London Computer Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$2,829
Median for plans this size$2,416
2024$2,829 per active participant
2023$2,612 per active participant
2022$2,457 per active participant

London Computer Systems, Inc.'s 2024 employer contribution ran above the $2,416 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
ADP, INC. · Loan processing · Recordkeeping$54,950
VALMARK SECURITIES, INC. · Recordkeeping · Trustee$25,017
MESIROW FINANCIAL INVESTMENT MANAGE · Loan processingindirect comp

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, VALMARK SECURITIES, INC.
2023ADP, VALMARK SECURITIES, INC.

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Administrative cost history3
2024$79,967 · 0.27%
2023$75,787 · 0.33%
2022$71,576 · 0.34%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 311225519 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.