Plan Ledger DOL Form 5500 · updated monthly

Ltm Inc.401(k)

LTM INC. 401(K) RETIREMENT PLAN · HAVELOCK, NC · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Ltm Inc. reported $45,426 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. 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.

Across the 2 years on file its reported administrative ratio rose from 0.25% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 816th-largest of 2,005 plans among North Carolina employers on file, and 6,180th of 11,654 in professional & technical services. active participation has grown from 236 to 341 since 2022.

Plan summary
Net assets, end of year$16,802,827
Participants with balances438
Active participants341
Employer contributions$0
Employee contributions$1,223,440
Employer contribution per active participant$0
Average account balance$38,363
Benefits paid to participants$2,041,988
Plan auditUnmodified (clean) audit opinion
AuditorFRYE & COMPANY, CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 438 accts
2023$14.8M · 391 accts
2022$11.9M · 338 accts · $18K emplr
The Ltm Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Ltm Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$45,584

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

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Administrative cost history3
2024$45,426 · 0.29%
2023$33,630 · 0.25%
2022$32,762 · 0.25%
All plans at this employer2
LTM INC. 401(K) RETIREMENT PLAN401(k)
LTM INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
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Source: U.S. Department of Labor, Form 5500 series, EIN 541703253 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.