LMH Service, Inc. 401(k) Review & Grade
The LMH 401(k) Retirement and Savings Plan
Huntington Beach, CAReal Estate & Rental1,498 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,049Employer $ per active participant
$3,446Employee $ saved per active participant
0.24%Direct admin cost, % of plan assets
$54.2MNet plan assets, end of year
$54,113Average balance per account
Score breakdown
- Employer generosity21.6 / 5043th percentile for employer $ per participant
- Low cost12.3 / 2549th percentile for low admin cost vs. same-size plans
- Employee saving7.2 / 1548th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score44 / 100 · Grade D
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 43th |
| Lower admin cost | 49th |
| Employee saving | 48th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- LMH Service put in about $1,049 per active participant, below the typical peer ($1,279). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,571,085 |
| Participant (employee) contributions | $5,161,787 |
| Other contributions (incl. rollovers in) | $413,378 |
| Administrative expenses paid from the plan | $117,208 |
| Contract administrator fees | $117,208 |
| Benefits paid out | $4,095,587 |
| Net assets, start / end of year | $45.0M / $54.2M |
| Active participants, start / end of year | 1,476 / 1,520 |
| Participants with account balances | 1,001 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Whitley Penn LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $117,208 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009171820NAL0011455776001, received 2025-10-09, EIN 38-4087114, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.