Plan Ledger DOL Form 5500 · updated monthly

The Lord's Place, Inc.401(k)

EMPLOYEE BENEFIT PLAN OF THE LORD'S PLACE, INC. · WEST PALM BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

The Lord's Place, Inc. reported $1,826 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,620 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 0.03% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (2,544th of 3,644), and 8,069th of 11,911 in health care & social assistance. In 2024, employees put in $1.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,717,335
Participants with balances203
Active participants136
Employer contributions$220,354
Employee contributions$290,601
Employer contribution per active participant$1,620
Average account balance$23,238
Benefits paid to participants$696,330
Plan auditUnmodified (clean) audit opinion
AuditorTEMPLETON & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 203 accts · $220K emplr
2023$4.4M · 196 accts · $202K emplr
2022$3.6M · 195 accts · $174K emplr
The The Lord's Place, Inc. 401(k) match · 2024
Employer contribution per active participant$1,620
Median for plans this size$1,313
2024$1,620 per active participant
2023$1,404 per active participant
2022$1,269 per active participant

The Lord's Place, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,826

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,826 · 0.04%
2023$1,696 · 0.04%
2022$1,065 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Tomoka Eye Associates PA FL$4.9M · 0.76%
Chapman Partnership FL$4.8M · 0.41%
Children's Forum, Inc. FL$4.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592240502 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.