Plan Ledger DOL Form 5500 · updated monthly

Lz Technology, Inc.401(k)

LZ TECHNOLOGY, INC. 401(K) PLAN · HOUSTON, TX · plan year 2024

Employer contribution per participant · 2024
$2,847

Lz Technology, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $11,578,217 across 239 participant accounts, with employer contributions averaging $2,847 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 0.82% to 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (2,856th of 5,688), and 7,514th of 11,654 in professional & technical services. In 2024, employees put in $1.91 for every $1.00 the employer contributed; active participation has grown from 131 to 175 since 2022.

Plan summary
Net assets, end of year$11,578,217
Participants with balances239
Active participants175
Employer contributions$498,206
Employee contributions$949,397
Employer contribution per active participant$2,847
Average account balance$48,444
Benefits paid to participants$332,114
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.6M · 239 accts · $498K emplr
2023$9.0M · 148 accts · $426K emplr
2022$7.2M · 178 accts · $438K emplr
The Lz Technology, Inc. 401(k) match · 2024
Employer contribution per active participant$2,847
Median for plans this size$2,416
2024$2,847 per active participant
2023$3,609 per active participant
2022$3,341 per active participant

Lz Technology, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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.

Service providers · 20241
PFS INVESTMENTSindirect 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
2024Not separately reported
2023$11,351 · 0.14%
2022$62,253 · 0.82%
Similar plansProfessional & Technical Services · Texas
X Technologies, Inc. TX$11.8M · 0.27%
M-Files, Inc. TX$11.8M · 0.21%
Miller Weisbrod Olesky, LLP TX$11.6M · 0.72%
Diligent Consulting, Inc. TX$11.6M · 0.49%
Eagan US Holdco, LLC TX$11.5M · 0.18%
Asset Risk Management, LLC TX$11.3M · 0.40%
Anaconda Inc TX$11.3M · 0.02%
Eag Services, Inc. TX$11.3M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760674864 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.