Retirement plan

THE ARCHITECT 401(K) PLAN - LEXINGTON SQUARE 401(K) PLAN

Name: LEXINGTON SQUARE, LLC - THE ARCHITECT 401(K) PLAN - LEXINGTON SQUARE 401(K) PLAN (2024) Form 5500
Creator: LEXINGTON SQUARE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ARCHITECT 401(K) PLAN - LEXINGTON SQUARE 401(K) PLAN, LEXINGTON SQUARE, LLC

LEXINGTON SQUARE, LLCEIN 20-0473448Plan #001PY 2024

500 MESSENGER ROAD - KEOKUK, IA 52632319-524-5321

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$1.3M

+22.4% from 2023

Total participants

123

+6.0% from 2023

Average account balance

$19,542

+3.8% from 2023

Annual return

10.76%

-3.99 pp from 2023

Benchmarks

See 5,993 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,993 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.29M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$20K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

47.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$235K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+10.76%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$184

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$6,444
NIELSEN INSURANCE GROUP INC2 years Filed as: NIELSEN GINANCIAL MANAGEMENT LLC Service code 27 31 S 21ST ST · FORT DODGE, IA 50501	Advisory (Plan)	$5,006
THE FINWAY GROUP3 years Filed as: THE FINWAY GROUP, LLC Service code 13 · EIN 42-1468222	Contract Administrator	$2,397
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ADVISORY GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$684
WORLD INVESTMENT ADVISORS LLC1 year Filed as: WORLD INVESTMENT ADVISORS Service code 99 24 E COTA ST STE 200 · SANTA BARBARA, CA 93101	Other Fees	$501

Plan features & details

Pension benefit codes2F2G2J2K3D

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$12K

$111 / participant

Contract admin$12K100.0%

% of EOY assets

0.939%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: SCHNURR & COMPANY, LLP
Auditor EIN: 421282836
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,542

$55,470-64.8%

$155,556-87.4%

$74,478-73.8%

Participation rate

47.7%

61.9%-14.2pp

78.2%-30.5pp

67.2%-19.5pp

Annual return

10.76%

269.80%-259.0pp

64.84%-54.1pp

1370.56%-1359.8pp

Employer contribution / active EE

$937

$2,267-58.7%

$4,675-80.0%

$2,626-64.3%

Participant deferral / active EE

$1,215

$2,838-57.2%

$5,631-78.4%

$4,350-72.1%

Admin fee / account holder

$184

$1,744-89.5%

$15,885-98.8%

$1,946-90.6%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ANNUITY INS CO OF AMERICA

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$6,444

NIELSEN INSURANCE GROUP INC2 years

Filed as: NIELSEN GINANCIAL MANAGEMENT LLC

Service code 27

31 S 21ST ST · FORT DODGE, IA 50501

Advisory (Plan)

$5,006

THE FINWAY GROUP3 years

Filed as: THE FINWAY GROUP, LLC

Service code 13 · EIN 42-1468222

Contract Administrator

$2,397

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ADVISORY GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$684

WORLD INVESTMENT ADVISORS LLC1 year

Filed as: WORLD INVESTMENT ADVISORS

Service code 99

24 E COTA ST STE 200 · SANTA BARBARA, CA 93101

Other Fees

$501

THE ARCHITECT 401(K) PLAN - LEXINGTON SQUARE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ARCHITECT 401(K) PLAN - LEXINGTON SQUARE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion