Plan Ledger DOL Form 5500 · updated monthly

Lyra Clinical Associates P.C.401(k)

LYRA CLINICAL ASSOCIATES 401(K) PLAN · BURLINGAME, CA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Lyra Clinical Associates P.C. reported $18,531 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1 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 rose from 0.06% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 3,100th-largest of 9,483 plans among California employers on file, and 2,696th of 4,798 in finance & insurance. In 2024, employees put in $4370.14 for every $1.00 the employer contributed; active participation has grown from 1,195 to 1,697 since 2022.

Plan summary
Net assets, end of year$25,061,497
Participants with balances1,906
Active participants1,697
Employer contributions$1,793
Employee contributions$7,835,656
Employer contribution per active participant$1
Average account balance$13,149
Benefits paid to participants$850,232
Plan auditUnmodified (clean) audit opinion
AuditorFRANK, RIMMERMAN CO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.1M · 1,906 accts · $2K emplr
2023$14.8M · 1,779 accts · $18K emplr
2022$5.9M · 1,145 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,531
Total administrative$18,531
The Lyra Clinical Associates P.C. 401(k) match · 2024
Employer contribution per active participant$1
Median for plans this size$2,416
2024$1 per active participant
2023$11 per active participant

Lyra Clinical Associates P.C.'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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$18,531

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$18,531 · 0.09%
2023$9,624 · 0.09%
2022$2,447 · 0.06%
Same employer
Similar plansFinance & Insurance · California
Generate Capital, Pbc CA$25.4M · 0.39%
First Commercial Bank USA CA$25.3M · 0.06%
Century Housing Corporation CA$24.7M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475645538 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.