Plan Ledger DOL Form 5500 · updated monthly

Smiley Lifting Solutions LLC401(k)

SMILEY LIFTING SOLUTIONS, LLC · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Smiley Lifting Solutions LLC reported $6,450 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,838 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 0.09% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Arizona (702nd of 1,285), and 1,317th of 2,096 in real estate & leasing. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has grown from 135 to 185 since 2022.

Plan summary
Net assets, end of year$7,255,202
Participants with balances203
Active participants185
Employer contributions$525,113
Employee contributions$863,294
Employer contribution per active participant$2,838
Average account balance$35,740
Benefits paid to participants$364,280
Plan auditUnmodified (clean) audit opinion
AuditorSHELBRACK ACCOUNTING
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 203 accts · $525K emplr
2023$5.5M · 165 accts · $454K emplr
2022$3.7M · 137 accts · $414K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,296
Investment management$2,154
Total administrative$6,450
The Smiley Lifting Solutions LLC 401(k) match · 2024
Employer contribution per active participant$2,838
Median for plans this size$1,313
2024$2,838 per active participant
2023$2,989 per active participant
2022$3,068 per active participant

Smiley Lifting Solutions LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
ADP, INC. · Loan processing · Recordkeeping$6,449

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$6,450 · 0.10%
2023$5,157 · 0.11%
2022$2,959 · 0.09%
Same employer
Similar plansReal Estate & Leasing · Arizona
M Holding Co. AZ$8.6M · 0.86%
Homelight, Inc. AZ$8.5M · 0.23%
Homesmart Services, LLC AZ$7.0M · 0.35%
Lessen, Inc. AZ$6.7M · 1.52%
Lge Corporation AZ$6.7M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260816124 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.