Plan Ledger DOL Form 5500 · updated monthly

Ltc Consulting Services LLC401(k)

LTC CONSULTING SERVICES LLC 401(K) PLAN · LAKEWOOD, NJ · plan year 2022

Reported admin expense ratio · 2022
1.96%

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

Ltc Consulting Services LLC reported $11,902 in plan administrative expenses for 2022: 1.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (2,277th of 2,419), and 11,387th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$619,590
Participants with balances78
Active participants344
Employer contributions$0
Employee contributions$236,755
Employer contribution per active participant$0
Average account balance$7,943
Benefits paid to participants$64,535
Plan auditDisclaimer of opinion
AuditorALAN GOODMAN, CPA PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,164
Professional / advisory$1,738
Total administrative$11,902
The Ltc Consulting Services LLC 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Ltc Consulting Services LLC's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$11,902 · 1.96%
Same employer
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Source Infotech Inc NJ$769K · 0.68%
Rangam Consultants, Inc. NJ$734K · 2.26%
Centraprise Corp NJ$728K · 0.59%
Ls Solutions Inc NJ$667K · 0.56%
Smart Ims NJ$518K · 1.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204882425 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.