California › Professional, scientific and technical services › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Loeb & Loeb LLP Profit Sharing and 401(k) Plan
Sponsored by Loeb & Loeb LLP, Los Angeles, CA
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Loeb & Loeb LLP Profit Sharing and 401(k) Plan is a 401(k) plan sponsored by Loeb & Loeb LLP of Los Angeles, California. For the plan year ending 31 Dec 2024 it reported 1,024 participants, 718 of them active, and net assets of $438M.
Net assets came to $427,836 per participant, well above the $50,295 median for defined contribution plans with 1,000 to 4,999 participants and well above the $73,951 median for defined contribution plans in professional, scientific and technical services. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $7.2M during the year, or $9,998 per active participant against a same-size median of $2,045; participants contributed $10.9M and $6.6M arrived as rollovers and other contributions. Benefits paid out totalled $39.6M.
Schedule C lists 10 service provider organisations paid $5,000 or more, with reported compensation of $309K: $302 per participant, well above the same-size median of $82.08. Administrative expenses charged to the plan were $273K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $115M in 2009 to $438M in 2024 (up 280%), and participants from 767 to 1,024 (up 34%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $427,836 | $50,295 | $73,951 | $53,102 |
| Employer contributions per active participant | $9,998 | $2,045 | $3,219 | $2,175 |
| Schedule C compensation per participant | $302 | $82.08 | $148 | $123 |
| Schedule C compensation, share of net assets | 0.07% | 0.17% | 0.22% | 0.26% |
| Administrative expenses per participant | $267 | $82.20 | $140 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 1,000 to 4,999 participants (10,207 plans), professional, scientific and technical services (9,776) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 1,024 | $438M | $427,836 | $7.2M | $10.9M | $309K |
| 2023 | 991 | $396M | $399,654 | $7.1M | $10.3M | $312K |
| 2022 | 1,061 | $348M | $327,687 | $6.7M | $9.9M | $291K |
| 2021 | 979 | $414M | $423,326 | $6.5M | $9.0M | $299K |
| 2020 | 946 | $359M | $379,893 | $6.0M | $8.3M | $304K |
| 2019 | 916 | $312M | $340,731 | $5.7M | $7.9M | $326K |
| 2018 | 873 | $254M | $291,168 | $5.5M | $7.1M | $306K |
| 2017 | 800 | $256M | $319,889 | $5.2M | $6.4M | $259K |
| 2016 | 780 | $216M | $276,835 | $4.7M | $5.8M | $263K |
| 2015 | 774 | $195M | $251,590 | $4.8M | $5.6M | $394K |
| 2014 | 748 | $192M | $256,491 | $4.5M | $5.5M | $216K |
| 2013 | 761 | $183M | $241,007 | $4.3M | $5.7M | $331K |
| 2012 | 780 | $154M | $197,703 | $4.4M | $5.6M | $280K |
| 2011 | 777 | $139M | $178,615 | $4.3M | $5.5M | $274K |
| 2010 | 786 | $134M | $170,289 | $4.2M | $5.4M | $252K |
| 2009 | 767 | $115M | $150,289 | $4.2M | $5.3M | $217K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$396,057,278
- Employer contributions$7,178,267
- Participant contributions$10,856,619
- Rollovers and other contributions$6,589,922
- Total contributions$24,624,808
- Total income, including investment results$81,928,983
- Benefits paid$39,550,031
- Administrative expenses$273,363
- Total expenses$39,882,612
- Net income$42,046,371
- Net transfers$0
- Net assets, end of year$438,103,649
Participants
- Active participants718
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits302
- Participants with account balances936
- Total participants, end of year1,024
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Oneamerica Retirement Services LLC | Recordkeeping and information management; Participant loan processing; Participant communication | $95,974 | $0 |
| Hightower Advisors | Investment advisory (participants) | $75,181 | $0 |
| UBS Financial Services | Investment advisory (participants); Investment advisory (plan) | $45,147 | $0 |
| Signature Estate & Investment | Investment advisory (participants) | $32,865 | $0 |
| City National Bank | Investment advisory (participants) | $19,668 | $0 |
| Raymond James | Investment advisory (participants) | $11,782 | $0 |
| Wells Fargo Advisors | Investment advisory (participants) | $11,781 | $0 |
| Schwab Retirement Plan Services Inc. | Recordkeeping and information management | $7,134 | $0 |
| Morgan Stanley | Investment advisory (participants) | $6,306 | $0 |
| Charles Schwab & Co., Inc. | Investment advisory (plan); Securities brokerage | $3,081 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Investment advisory and management fees$150,570
- Recordkeeping fees$103,108
- Other administrative expenses$19,685
- Total administrative expenses$273,363
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$357M · 81.4%
- Other investments$65.9M · 15.0%
- Receivables$7.2M · 1.6%
- Common/collective trusts$6.4M · 1.5%
- Participant loans$1.9M · 0.4%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmDeloitte & Touche LLP
- Participant contributions reported as transmitted lateYes, $840,543
- Covered by a fidelity bondYes, $5,000,000
- Blackout period during the yearYes
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2AAge/service weighted or new comparability or similar plan2EProfit-sharing plan2FERISA section 404(c) plan2GTotal participant-directed account plan2JCode section 401(k) feature2RParticipant-directed brokerage accounts provided as an investment option under the plan2TTotal or partial participant-directed account plan with a default investment account3BPlan covering self-employed individuals3DPre-approved pension plan3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 541110: Offices of Lawyers.
Similar plans in California
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Bridgebio 401(k) Plan | Bridgebio Services, Inc. | 1,033 | $88.0M | $85,145 |
| Interior Architects, Inc. Employee Stock Ownership Plan | Interior Architects, Inc. | 1,019 | $37.0M | $36,267 |
| Equity HR, Inc. 401(k) Multiple Employer Plan | Equity HR, Inc. | 1,046 | $91.3M | $87,285 |
| Infoblox 401(k) Retirement Plan | Infoblox, Inc. | 1,018 | $170M | $167,473 |
| Pagerduty 401(k) Plan | Pagerduty, Inc. | 1,047 | $87.6M | $83,698 |
| Glaukos Corporation 401(k) Profit Sharing Plan | Glaukos Corporation | 1,014 | $104M | $102,540 |
Defined contribution plans in professional, scientific and technical services closest in size.
Questions and answers
How big is Loeb & Loeb LLP Profit Sharing and 401(k) Plan?
1,024 participants at the end of the plan year ending 31 Dec 2024, of whom 718 were active employees, with net assets of $438,103,649. Among defined contribution plans that places it in the 1,000 to 4,999 participants band, which held 10,207 plans in plan year 2024.
What does Loeb & Loeb LLP contribute per participant?
The filing reports $7,178,267 in employer contributions for the year, which is $9,998 per active participant; the median for plans of the same type and size was $2,045 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $308,919 in compensation to service provider organisations, $302 per participant or 0.07% of net assets. The same-size median among plans reporting any Schedule C compensation was $82.08 per participant. Administrative expenses on Schedule H were $273,363. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Loeb & Loeb LLP. Recordkeeping or administration: Oneamerica Retirement Services LLC and Schwab Retirement Plan Services Inc.. Investment advisory or management: Hightower Advisors, UBS Financial Services and Signature Estate & Investment. The financial statements were audited by Deloitte & Touche LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 31 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 95-1780806, plan 005, received 31 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.