Plan Ledger DOL Form 5500 · updated monthly

Lts Group, Inc.401(k)

LTS GROUP, INC. 401(K) PLAN · MT. LAUREL, NJ · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Lts Group, Inc. reported $29,431 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. Employer contributions averaged $2,048 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 0.41% to 0.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New Jersey (1,502nd of 2,419), and 2,908th of 4,246 in wholesale trade. In 2024, employees put in $2.65 for every $1.00 the employer contributed; active participation has grown from 116 to 149 since 2022.

Plan summary
Net assets, end of year$10,076,712
Participants with balances141
Active participants149
Employer contributions$305,142
Employee contributions$807,861
Employer contribution per active participant$2,048
Average account balance$71,466
Benefits paid to participants$1,310,052
Plan auditUnmodified (clean) audit opinion
AuditorPETRINOVICH PUGH & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 141 accts · $305K emplr
2023$9.0M · 140 accts · $294K emplr
2022$6.8M · 137 accts · $313K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,938
Investment management$27,493
Total administrative$29,431
The Lts Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,048
Median for plans this size$1,313
2024$2,048 per active participant
2023$2,179 per active participant
2022$2,698 per active participant

Lts Group, Inc.'s 2024 employer contribution ran above the $1,313 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
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$27,492
ADP, INC. · Loan processing · Recordkeeping$1,938

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, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

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

Administrative cost history3
2024$29,431 · 0.31%
2023$27,286 · 0.35%
2022$28,321 · 0.41%
Similar plansWholesale Trade · New Jersey
Cosmax USA NJ$10.2M · 0.54%
Well Luck Co., Inc. NJ$9.9M · 0.00%
Transaxle LLC NJ$9.6M · 0.43%
Team Beans LLC NJ$9.5M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832449492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.