Plan Ledger DOL Form 5500 · updated monthly

Ltct Holdings LLC401(k)

LIBERTY TAX & COMMUNITY TAX 401(K) PLAN · HURST, TX · plan year 2024

Reported admin expense ratio · 2024
1.07%

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

Ltct Holdings LLC reported $124,592 in plan administrative expenses for 2024: 1.07% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,323 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,618th-largest of 5,688 plans among Texas employers on file, and 3,653rd of 4,798 in finance & insurance. In 2024, employees put in $3.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,404,215
Participants with balances284
Active participants402
Employer contributions$532,025
Employee contributions$1,691,926
Employer contribution per active participant$1,323
Average account balance$47,198
Benefits paid to participants$501,852
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,755
Investment management$5,612
Total administrative$124,592
The Ltct Holdings LLC 401(k) match · 2024
Employer contribution per active participant$1,323
Median for plans this size$2,416

Ltct Holdings LLC'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$107,755
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$16,837

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

Administrative cost history1
2024$124,592 · 1.07%
Same employer
Similar plansFinance & Insurance · Texas
Union Square Credit Union TX$14.0M · 0.45%
Moody National Bank TX$13.7M · 0.26%
Texan Title Holdings, LLC TX$13.5M · 0.38%
Rio Bank TX$12.9M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 934283244 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.