Lendlease Americas Holdings, Inc. 401(k) Review & Grade
Lendlease 401k Plan
Charlotte, NCConstruction713 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,632Employer $ per active participant
$18,032Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$495.1MNet plan assets, end of year
$230,824Average balance per account
Score breakdown
- Employer generosity43.9 / 5088th percentile for employer $ per participant
- Low cost20.2 / 2581th percentile for low admin cost vs. same-size plans
- Employee saving15.0 / 15100th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score89 / 100 · Grade A
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 88th |
| Lower admin cost | 81th |
| Employee saving | 100th |
| Peers that auto-enroll | 44% |
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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
- Lendlease Americas Holdings put in about $4,632 per active participant, more than the typical peer ($1,672). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $3,302,734 |
| Participant (employee) contributions | $12,856,829 |
| Other contributions (incl. rollovers in) | $1,014,706 |
| Administrative expenses paid from the plan | $375,164 |
| Other admin expenses | $375,164 |
| Benefits paid out | $124,674,626 |
| Net assets, start / end of year | $535.6M / $495.1M |
| Active participants, start / end of year | 1,028 / 398 |
| Participants with account balances | 2,145 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Carter, P.C. |
Largest service providers (Schedule C)
| Vanguard Advisers Inc. | $256,458 reported compensation |
| The Vanguard Group, Inc. | $121,636 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260318134007NAL0003126433001, received 2026-03-18, EIN 94-3161010, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.