Plan Ledger DOL Form 5500 · updated monthly

Lone Mountain Land Company, LLC401(k)

LONE MOUNTAIN LAND COMPANY, LLC 401(K) PROFIT SHARING PLAN · BIG SKY, MT · plan year 2023

Reported admin expense ratio · 2023
0.58%

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

Lone Mountain Land Company, LLC reported $38,048 in plan administrative expenses for 2023: 0.58% of average plan assets, above the peer median. Employer contributions averaged $2,499 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 has held roughly steady near 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Montana (143rd of 229), and 1,246th of 2,096 in real estate & leasing. In 2023, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 245 to 280 since 2022.

Plan summary
Net assets, end of year$8,121,055
Participants with balances219
Active participants280
Employer contributions$699,646
Employee contributions$1,451,598
Employer contribution per active participant$2,499
Average account balance$37,082
Benefits paid to participants$372,375
Plan auditUnmodified (clean) audit opinion
AuditorRUDD & COMPANY PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$8.1M · 219 accts · $700K emplr
2022$4.9M · 198 accts · $557K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$37,580
Investment management$468
Total administrative$38,048
The Lone Mountain Land Company, LLC 401(k) match · 2023
Employer contribution per active participant$2,499
Median for plans this size$1,308
2023$2,499 per active participant
2022$2,275 per active participant

Lone Mountain Land Company, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ADP, INC. · Loan processing · Recordkeeping$38,048

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

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Administrative cost history3
2024Not separately reported
2023$38,048 · 0.58%
2022$25,901 · 0.57%
Similar plansReal Estate & Leasing · Montana
Lmlc Operations LLC MT$47.5M · 0.61%
Residential One, LLC MD$8.2M · 0.72%
T.E. Properties, Inc. TN$8.1M · 0.48%
Kaiserman Company, Inc. PA$8.1M · 0.42%
I. & M.J. Gross Company OH$8.1M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471347989 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.