Plan Ledger DOL Form 5500 · updated monthly

The Laramar Group, LLC401(k)

LARAMAR CONSOLIDATED GROUP 401(K) PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

The Laramar Group, LLC reported $101,178 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $2,356 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 7 years on file its reported administrative ratio fell from 0.54% to 0.37%. 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 396th-largest of 1,461 plans among Colorado employers on file, and the 496th of 2,096 in real estate & leasing. In 2024, employees put in $2.55 for every $1.00 the employer contributed; active participation has shrunk from 453 to 128 since 2017.

Plan summary
Net assets, end of year$27,568,020
Participants with balances373
Active participants128
Employer contributions$301,567
Employee contributions$768,039
Employer contribution per active participant$2,356
Average account balance$73,909
Benefits paid to participants$4,065,911
Plan auditUnmodified (clean) audit opinion
Plan history7
Yearassets · accounts · employer contribution
2024$27.6M · 373 accts · $302K emplr
2023$26.9M · 336 accts · $395K emplr
2022$26.7M · 596 accts · $703K emplr
2020$26.9M · 604 accts · $735K emplr
2019$23.1M · 690 accts · $716K emplr
2018$18.4M · 633 accts · $704K emplr
2017$20.0M · 662 accts · $690K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,220
Investment management$39,958
Total administrative$101,178
The The Laramar Group, LLC 401(k) match · 2024
Employer contribution per active participant$2,356
Median for plans this size$2,416
2024$2,356 per active participant
2023$10,405 per active participant
2022$2,062 per active participant
2020$1,938 per active participant
2019$1,489 per active participant

The Laramar Group, LLC's 2024 employer contribution ran below 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.

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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$61,220
IMA ADVISORY SERVICES, INC. · Investment advisory (plan)$39,958

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

Administrative cost history7
2024$101,178 · 0.37%
2023$111,858 · 0.42%
2022$129,248 · 0.44%
2020$120,534 · 0.48%
2019$112,334 · 0.54%
2018$97,545 · 0.51%
2017$103,694 · 0.54%
Same employer
Similar plansReal Estate & Leasing · Colorado
Simpson Housing Lllp CO$72.7M · 0.18%
Coresite, L.L.C. CO$61.6M · 0.13%
Yes Management, LLC CO$33.6M · 0.53%
East West Partners, LLC CO$27.4M · 0.31%
Bethesda Associates CO$20.6M · 0.17%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 364425080 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.