Plan Ledger DOL Form 5500 · updated monthly

Longevity Holdings Inc401(k)

LONGEVITY HOLDINGS INC 401(K) PROFIT SHARING & TRUST · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Longevity Holdings Inc reported $5,475 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,775 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 0.38% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 729th-largest of 1,918 plans among Minnesota employers on file, and 2,533rd of 4,798 in finance & insurance. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has grown from 214 to 502 since 2022.

Plan summary
Net assets, end of year$27,907,406
Participants with balances388
Active participants502
Employer contributions$891,136
Employee contributions$1,962,845
Employer contribution per active participant$1,775
Average account balance$71,926
Benefits paid to participants$1,537,103
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.9M · 388 accts · $891K emplr
2023$22.7M · 352 accts · $705K emplr
2022$15.6M · 280 accts · $734K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,775
Total administrative$5,475
The Longevity Holdings Inc 401(k) match · 2024
Employer contribution per active participant$1,775
Median for plans this size$2,416
2024$1,775 per active participant
2023$2,389 per active participant
2022$3,429 per active participant

Longevity Holdings Inc's 2024 employer contribution ran below 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 · 20242
KESTRA ADVISORY SERVICES LLCindirect 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$5,475 · 0.02%
2023$3,350 · 0.02%
2022$64,843 · 0.38%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 824722389 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.