Plan Ledger DOL Form 5500 · updated monthly

Lurie, LLP401(k)

LURIE, LLP 401(K) PROFIT SHARING PLAN · MINNEAPOLIS, MN · plan year 2022

Reported admin expense ratio · 2022
0.56%

Lurie, LLP reported $78,475 in plan administrative expenses for 2022: 0.56% of average plan assets, higher than ~75% of peers. 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 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Minnesota (1,917th of 1,918), and 11,644th of 11,654 in professional & technical services. In 2022, the employer put in $2.43 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,711
Participants with balances6
Active participants0
Employer contributions$1,463,238
Employee contributions$603,312
Employer contribution per active participant—
Average account balance$285
Benefits paid to participants$29,391,829
Plan auditUnmodified (clean) audit opinion
AuditorRUBIN BROWN
Administrative expenses, itemized · 2022
Investment management$26,250
Professional / advisory$17,307
Total administrative$78,475
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$78,475 · 0.56%
Similar plansProfessional & Technical Services · Minnesota
Javen Technologies, Inc. MN$1.2M · 0.05%
Axis Clinicals LLC MN$970K · 0.82%
Tile, Inc. CA$4K · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410721734 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.