Plan Ledger DOL Form 5500 · updated monthly

Longenecker & Associates, Inc.401(k)

LONGENECKER & ASSOCIATES 401(K) PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Longenecker & Associates, Inc. reported $105,474 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,794 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 1.09% to 0.88%. 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 160th-largest of 437 plans among Nevada employers on file, and 6,834th of 11,654 in professional & technical services. In 2024, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,976,690
Participants with balances191
Active participants142
Employer contributions$680,685
Employee contributions$1,170,503
Employer contribution per active participant$4,794
Average account balance$73,176
Benefits paid to participants$1,743,213
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.0M · 191 accts · $681K emplr
2023$9.9M · 263 accts · $666K emplr
2022$7.7M · 240 accts · $564K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$105,474
Total administrative$105,474
The Longenecker & Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$4,794
Median for plans this size$2,416
2024$4,794 per active participant
2023$4,534 per active participant
2022$3,594 per active participant

Longenecker & Associates, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
JOHN HANCOCK USA · Recordkeeping$1,778
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$36,038
UNIGLOBAL PENSION PLANNING, INC. · Contract administrator · Other services$9,075
SIGNATURE ESTATE SECURITIES, LLC · Other servicesindirect 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
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$105,474 · 0.88%
2023$105,151 · 1.20%
2022$84,086 · 1.09%
Similar plansProfessional & Technical Services · Nevada
Playstudios US, LLC NV$17.4M · 0.21%
Steelman Partners, LLP NV$14.6M · 0.47%
Neil Patel Digital NV$13.6M · 0.42%
Fiume Capital NV$13.4M · 0.01%
B&R Global Services LLC NV$10.5M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943318605 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.