Plan Ledger DOL Form 5500 · updated monthly

L.P.M. Holding Company, Inc.401(k)

L.P.M. HOLDING COMPANY, INC. 401(K) SAVINGS PLAN · BOLTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

L.P.M. Holding Company, Inc. reported $24,226 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $688 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 2 years on file its reported administrative ratio rose from 0.35% to 0.43%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (2,239th of 2,726), and 9,409th of 11,654 in professional & technical services. In 2024, employees put in $4.24 for every $1.00 the employer contributed; active participation has grown from 170 to 222 since 2022.

Plan summary
Net assets, end of year$5,970,895
Participants with balances303
Active participants222
Employer contributions$152,840
Employee contributions$647,830
Employer contribution per active participant$688
Average account balance$19,706
Benefits paid to participants$504,277
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 303 accts · $153K emplr
2023$5.2M · 260 accts · $109K emplr
2022$4.3M · 230 accts
The L.P.M. Holding Company, Inc. 401(k) match · 2024
Employer contribution per active participant$688
Median for plans this size$1,313
2024$688 per active participant
2023$567 per active participant

L.P.M. Holding Company, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$11,900
THE ANGELL PENSION GROUP, INC. · Contract administrator$6,300

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

Administrative cost history3
2024$24,226 · 0.43%
2023$22,678 · 0.48%
2022$16,012 · 0.35%
All plans at this employer2
L.P.M. HOLDING COMPANY, INC. 401(K) SAVINGS PLAN401(k)
L. P. M. HOLDING COMPANY, INC, EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 042273500 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.