Plan Ledger DOL Form 5500 · updated monthly

Lres Corporation401(k)

LRES CORPORATION EMPLOYEE 401(K) PLAN · ORANGE, CA · plan year 2022

Reported admin expense ratio · 2022
0.74%

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

Lres Corporation reported $38,753 in plan administrative expenses for 2022: 0.74% of average plan assets, above the peer median. Employer contributions averaged $1,903 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in California (7,016th of 9,483), and 1,518th of 2,096 in real estate & leasing. In 2022, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,954,265
Participants with balances119
Active participants132
Employer contributions$251,220
Employee contributions$491,811
Employer contribution per active participant$1,903
Average account balance$41,632
Benefits paid to participants$527,730
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITHBROWN, PC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $66K emplr
2022$5.0M · 119 accts · $251K emplr
Administrative expenses, itemized · 2022
Investment management$231
Total administrative$38,753
The Lres Corporation 401(k) match · 2022
Employer contribution per active participant$1,903
Median for plans this size$1,114

Lres Corporation's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$38,753 · 0.74%
Similar plansReal Estate & Leasing · California
Mtc Financial, Inc. CA$4.8M · 0.02%
Prodesse Property Group CA$4.6M · 0.77%
Emt Residential CA$4.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954890906 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.