Plan Ledger DOL Form 5500 · updated monthly

Lyon Management Group, Inc.401(k)

LYON MANAGEMENT GROUP, INC. 401(K) PLAN · NEWPORT BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Lyon Management Group, Inc. reported $136,769 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,104 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 3 years on file its reported administrative ratio has held roughly steady near 0.68%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 3,510th-largest of 9,483 plans among California employers on file, and the 638th of 2,096 in real estate & leasing. In 2024, employees put in $3.79 for every $1.00 the employer contributed; active participation has grown from 284 to 314 since 2022.

Plan summary
Net assets, end of year$21,048,359
Participants with balances421
Active participants314
Employer contributions$346,590
Employee contributions$1,312,772
Employer contribution per active participant$1,104
Average account balance$49,996
Benefits paid to participants$3,257,824
Plan auditUnmodified (clean) audit opinion
AuditorLUCAS,HORSFALL,MURPHY&PINDROH,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$21.0M · 421 accts · $347K emplr
2023$19.3M · 414 accts · $310K emplr
2022$16.6M · 432 accts · $309K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,096
Audit (IQPA)$17,000
Total administrative$136,769
The Lyon Management Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,104
Median for plans this size$2,416
2024$1,104 per active participant
2023$1,194 per active participant
2022$1,090 per active participant

Lyon Management Group, 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$69,096
LUCAS, HORSFALL, MURPHY & PINDROH · Accounting / audit$17,000

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$136,769 · 0.68%
2023$117,809 · 0.66%
2022$128,849 · 0.70%
Similar plansReal Estate & Leasing · California
Kisco Senior Living, LLC CA$22.0M · 0.33%
Gleiberman Properties Inc. CA$22.0M · 0.77%
Arnel Development Company CA$20.5M · 0.44%
The Ezralow Company, LLC CA$19.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330560238 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.