Loeb & Loeb LLP 401(k) Review & Grade
Loeb & Loeb LLP Profit Sharing and 401(k) Plan
Los Angeles, CAProfessional, Scientific & Technical Services715 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$10,040Employer $ per active participant
$15,184Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$438.1MNet plan assets, end of year
$468,059Average balance per account
Score breakdown
- Employer generosity45.5 / 5091th percentile for employer $ per participant
- Low cost20.7 / 2583th percentile for low admin cost vs. same-size plans
- Employee saving13.3 / 1589th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score73 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 91th |
| Lower admin cost | 83th |
| Employee saving | 89th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($840,543 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Loeb & Loeb LLP put in about $10,040 per active participant, more than the typical peer ($3,082). 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 reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $7,178,267 |
| Participant (employee) contributions | $10,856,619 |
| Other contributions (incl. rollovers in) | $6,589,922 |
| Administrative expenses paid from the plan | $273,363 |
| Investment advisory & management fees | $150,570 |
| Other admin expenses | $19,685 |
| Benefits paid out | $39,550,031 |
| Net assets, start / end of year | $396.1M / $438.1M |
| Active participants, start / end of year | 712 / 718 |
| Participants with account balances | 936 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Deloitte & Touche LLP |
Largest service providers (Schedule C)
| Oneamerica Retirement Services LLC | $95,974 reported compensation |
| Hightower Advisors | $75,181 reported compensation |
| Ubs Financial Services | $45,147 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251031145332NAL0003852897001, received 2025-10-31, EIN 95-1780806, plan #005, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.