Department of Labor filing

LENDING SOLUTIONS, INC.

LENDING SOLUTIONS 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 15, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

26filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$1,389

Reported employer contributions per active participant.

Higher than about 10% of comparable plans

#People in the filing

395

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$125 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 65% of comparable plans

↗Investment performance

Not available

Plan assets changed -5.8%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202426out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions10th percentileTypical peer $3,279 · based on 1,427 comparable plans

Lower reported administrative expense65th percentileTypical peer $184 · based on 1,443 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, LENDING SOLUTIONS, INC. reported $548,620 in employer contributions across the plan and 395 active participants. That works out to $1,389 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy75%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 13.6%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 3.5%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context26/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $548,620
Participant contributions: $858,993
Other contributions: $45,367
Employer share of reported contributions: 39.0%
Beginning assets: $19,534,606
Ending assets: $18,403,433
Ending net assets: $18,403,433
Ending liabilities: $0
Total income: $3,733,033
Total expenses: $4,859,664
Administrative expenses: $79,998
Participant loans: $514,646

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$1,223

2023

$1,262

2024

$1,389

Plan-paid administrative expenses per participant

2022

$130

2023

$115

2024

$125

Active participants

2022

500

2023

480

2024

395

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,389	395	18.4M	20251015093151NAL0002173107001
2023	$1,262	480	19.5M	20241010192120NAL0011846163001
2022	$1,223	500	16.4M	20231012160255NAL0032403105001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 2.8%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 363939532-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Dec 1, 1997
Industry: Finance and insurance
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2A2E2F2G2J2K2T3D

Current plan terms

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Filing ACK_ID20251015093151NAL0002173107001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗