Plan Ledger DOL Form 5500 · updated monthly

L& W Engineering, Inc.401(k)

L & W ENGINEERING, INC. 401(K) PLAN · MIDDLEBURY, IN · plan year 2023

Reported admin expense ratio · 2023
0.30%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

L& W Engineering, Inc. reported $16,024 in plan administrative expenses for 2023: 0.30% of average plan assets, below the peer median. Employer contributions averaged $1,247 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio fell from 0.36% to 0.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,106th of 1,562), and 10,691st of 13,661 in manufacturing. In 2023, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,979,314
Participants with balances98
Active participants174
Employer contributions$217,012
Employee contributions$451,471
Employer contribution per active participant$1,247
Average account balance$61,013
Benefits paid to participants$376,006
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$6.0M · 98 accts · $217K emplr
2022$4.6M · 100 accts · $196K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$16,024
Total administrative$16,024
The L& W Engineering, Inc. 401(k) match · 2023
Employer contribution per active participant$1,247
Median for plans this size$1,308
2023$1,247 per active participant
2022$1,190 per active participant

L& W Engineering, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$16,024 · 0.30%
2022$17,307 · 0.36%
Same employer
Similar plansManufacturing · Indiana
Brinkley Rv, LLC IN$6.4M · 0.39%
Norco Industries, Inc. IN$6.3M · 0.04%
Three Floyds Brewing, LLC IN$6.2M · 0.86%
Functional Devices, Inc. IN$5.9M · 0.90%
Advanced Agrilytics LLC IN$5.8M · 1.31%
Poseidon LLC IN$5.8M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351343267 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.