Plan Ledger DOL Form 5500 · updated monthly

The Lightstone Group, LLC401(k)

THE LIGHTSTONE GROUP, LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

The Lightstone Group, LLC reported $158,306 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $2,727 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 0.55% to 0.43%. 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 1,584th-largest of 5,648 plans among New York employers on file, and the 345th of 2,096 in real estate & leasing. In 2024, employees put in $2.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,394,686
Participants with balances1,004
Active participants564
Employer contributions$1,537,774
Employee contributions$3,740,897
Employer contribution per active participant$2,727
Average account balance$40,234
Benefits paid to participants$2,898,506
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH BROWN
Plan history3
Yearassets · accounts · employer contribution
2024$40.4M · 1,004 accts · $1.5M emplr
2023$32.9M · 895 accts · $1.5M emplr
2022$25.1M · 887 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,672
Investment management$86,634
Total administrative$158,306
The The Lightstone Group, LLC 401(k) match · 2024
Employer contribution per active participant$2,727
Median for plans this size$2,416
2024$2,727 per active participant
2023$2,832 per active participant
2022$2,480 per active participant

The Lightstone Group, LLC'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.

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
REGENT ATLANTIC CAPITAL LLC · Investment advisory (plan)$86,634
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$71,672

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

Administrative cost history3
2024$158,306 · 0.43%
2023$150,383 · 0.52%
2022$139,569 · 0.55%
Same employer
Similar plansReal Estate & Leasing · New York
Douglas Elliman LLC NY$45.7M · 0.04%
The Widewaters Group Inc. NY$42.8M · 0.22%
Jack Resnick & Sons, Inc. NY$40.3M · 0.33%
Life Storage LP NY$37.6M · 0.53%
Van Wagner Group, LLC NY$37.1M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020641131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.