Plan Ledger DOL Form 5500 · updated monthly

Lydia Security Monitoring, Inc.401(k)

LYDIA SECURITY MONITORING, INC. 401(K) PLAN · WILLIAMSTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Lydia Security Monitoring, Inc. reported $4,363 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $917 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 0.04% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New Jersey (1,218th of 2,419), and the 745th of 2,534 in administrative & support services. In 2024, employees put in $2.52 for every $1.00 the employer contributed; active participation has shrunk from 445 to 384 since 2022.

Plan summary
Net assets, end of year$15,610,828
Participants with balances222
Active participants384
Employer contributions$352,248
Employee contributions$886,204
Employer contribution per active participant$917
Average account balance$70,319
Benefits paid to participants$962,382
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.6M · 222 accts · $352K emplr
2023$13.3M · 213 accts · $327K emplr
2022$11.7M · 234 accts · $344K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,363
Total administrative$4,363
The Lydia Security Monitoring, Inc. 401(k) match · 2024
Employer contribution per active participant$917
Median for plans this size$2,416
2024$917 per active participant
2023$895 per active participant
2022$772 per active participant

Lydia Security Monitoring, 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,363
CITIZENS BANK NAindirect comp

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

Administrative cost history3
2024$4,363 · 0.03%
2023$4,236 · 0.03%
2022$5,106 · 0.04%
Same employer
Similar plansAdministrative & Support Services · New Jersey
Corporate Mailings Inc NJ$17.7M · 0.06%
Equiliem, Inc. NJ$17.2M · 0.05%
Freehold Cartage, Inc. NJ$17.0M · 0.07%
Alpha Consulting LLC NJ$15.6M · 0.63%
Atlas Data Systems, LLC NJ$15.1M · 0.61%
Cyberthink, Inc. NJ$15.0M · 0.07%
The Millennium Group, Inc. NJ$14.8M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222948825 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.