Plan Ledger DOL Form 5500 · updated monthly

Lyons Group LTD.401(k)

LYONS GROUP 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Lyons Group LTD. reported $8,975 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $305 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 0.14% to 0.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Massachusetts (2,054th of 2,726), and the 1,143rd of 2,534 in administrative & support services. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has shrunk from 1,354 to 736 since 2022.

Plan summary
Net assets, end of year$7,963,633
Participants with balances160
Active participants736
Employer contributions$224,808
Employee contributions$495,124
Employer contribution per active participant$305
Average account balance$49,773
Benefits paid to participants$391,799
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 160 accts · $225K emplr
2023$6.7M · 156 accts · $164K emplr
2022$5.6M · 157 accts · $140K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,975
Total administrative$8,975
The Lyons Group LTD. 401(k) match · 2024
Employer contribution per active participant$305
Median for plans this size$1,313
2024$305 per active participant
2023$115 per active participant
2022$104 per active participant

Lyons Group LTD.'s 2024 employer contribution ran below the $1,313 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
TRANSAMERICA LIFE INSURANCE CO. · Recordkeeping · Loan processing$8,975

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$8,975 · 0.12%
2023$8,188 · 0.13%
2022$8,528 · 0.14%
Same employer
Similar plansAdministrative & Support Services · Massachusetts
By Appointment Only MA$11.3M · 0.15%
Divert, Inc. MA$10.7M · 1.02%
Audley Travel US, Inc. MA$8.8M · 0.08%
Onyx Corporation MA$6.2M · 0.04%
The Hollister Group Inc MA$5.1M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 042707878 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.