Plan Ledger DOL Form 5500 · updated monthly

Long Lake, LTD.401(k)

LONG LAKE, LTD. 401(K) RETIREMENT PLAN · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.33%

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

Long Lake, LTD. reported $52,348 in plan administrative expenses for 2023: 0.33% of average plan assets, above the peer median. Employer contributions averaged $387 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 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 2,246th-largest of 5,688 plans among Texas employers on file, and the 2,268th of 5,337 in construction. In 2023, employees put in $30.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,013,834
Participants with balances98
Active participants86
Employer contributions$33,271
Employee contributions$1,017,444
Employer contribution per active participant$387
Average account balance$173,611
Benefits paid to participants$1,205,312
Plan auditUnmodified (clean) audit opinion
AuditorDOEREN MAYHEW
Plan history2
Yearassets · accounts · employer contribution
2023$17.0M · 98 accts · $33K emplr
2022$15.1M · 101 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$52,348
Total administrative$52,348
The Long Lake, LTD. 401(k) match · 2023
Employer contribution per active participant$387
Median for plans this size$2,440

Long Lake, LTD.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 · 20234
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$52,361
NOVA 401K ASSOCIATES · Contract administrator · Other services$750
NEXT FINANCIAL GROUP INC · Other servicesindirect 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 history2
2023$52,348 · 0.33%
2022$51,334 · 0.31%
Same employer
Similar plansConstruction · Texas
Anew Climate, LLC TX$17.7M · 0.49%
Fox Electric I, LTD. TX$16.5M · 0.44%
Firetron, Inc. TX$16.2M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760539621 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.