Plan Ledger DOL Form 5500 · updated monthly

Ltc Global, Inc.401(k)

LTC GLOBAL, INC. 401(K) PLAN · FORT MYERS, FL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Ltc Global, Inc. reported $3,200 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,937 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 0.08% to 0.01%. 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 812th-largest of 3,644 plans among Florida employers on file, and 2,418th of 4,798 in finance & insurance. In 2024, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,036,665
Participants with balances248
Active participants264
Employer contributions$775,282
Employee contributions$1,767,060
Employer contribution per active participant$2,937
Average account balance$121,116
Benefits paid to participants$2,154,439
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.0M · 248 accts · $775K emplr
2023$26.5M · 248 accts · $791K emplr
2022$19.7M · 232 accts · $705K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,200
Total administrative$3,200
The Ltc Global, Inc. 401(k) match · 2024
Employer contribution per active participant$2,937
Median for plans this size$2,416
2024$2,937 per active participant
2023$2,896 per active participant
2022$2,642 per active participant

Ltc Global, Inc.'s 2024 employer contribution ran above 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 · 20241

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$3,200 · 0.01%
2023$29,267 · 0.13%
2022$16,525 · 0.08%
Same employer
Similar plansFinance & Insurance · Florida
Tampa Bay Banking Company FL$31.9M · 0.29%
Helm Bank USA FL$31.0M · 0.44%
Eglin Federal Credit Union FL$28.7M · 0.36%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 202388986 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.