Plan Ledger DOL Form 5500 · updated monthly

Lrg Management, LLC401(k)

THE L&R COMPANY RETIREMENT PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

Lrg Management, LLC reported $38,547 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $180 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 1.03% to 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (7,119th of 9,483), and 2,369th of 3,341 in other services. In 2024, employees put in $11.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,644,756
Participants with balances144
Active participants293
Employer contributions$52,747
Employee contributions$629,328
Employer contribution per active participant$180
Average account balance$32,255
Benefits paid to participants$501,037
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 144 accts · $53K emplr
2023$4.1M · 137 accts · $51K emplr
2022$3.3M · 130 accts · $39K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,023
Investment management$17,524
Total administrative$38,547
The Lrg Management, LLC 401(k) match · 2024
Employer contribution per active participant$180
Median for plans this size$1,313
2024$180 per active participant
2023$161 per active participant
2022$125 per active participant

Lrg Management, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ADP, INC. · Loan processing · Recordkeeping$21,022
RESOURCES INVESTMENT ADVISORS, INC. · Recordkeeping · Pension consulting$17,524

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, RESOURCES INVESTMENT ADVISORS, INC.
2023ADP, RESOURCES INVESTMENT ADVISORS, INC.

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Administrative cost history3
2024$38,547 · 0.89%
2023$54,738 · 1.50%
2022$35,594 · 1.03%
Similar plansOther Services · California
Israeli-American Council CA$4.8M · 0.78%
All Star Glass, Inc. CA$4.8M · 0.28%
The Growing Place CA$4.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953706215 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.