Plan Ledger DOL Form 5500 · updated monthly

Lake Shore Cryotronics, Inc.401(k)

LAKE SHORE CRYOTRONICS, INC. RETIREMENT SAVINGS PLAN · WESTERVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Lake Shore Cryotronics, Inc. reported $77,015 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $2,550 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 fell from 0.20% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 691st-largest of 3,295 plans among Ohio employers on file, and the 2,907th of 11,654 in professional & technical services. In 2024, employees put in $3.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$46,907,813
Participants with balances306
Active participants237
Employer contributions$604,267
Employee contributions$2,372,664
Employer contribution per active participant$2,550
Average account balance$153,294
Benefits paid to participants$1,407,323
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.9M · 306 accts · $604K emplr
2023$39.6M · 300 accts · $595K emplr
2022$32.8M · 260 accts · $509K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,458
Audit (IQPA)$10,500
Total administrative$77,015
The Lake Shore Cryotronics, Inc. 401(k) match · 2024
Employer contribution per active participant$2,550
Median for plans this size$2,416
2024$2,550 per active participant
2023$2,305 per active participant
2022$2,157 per active participant

Lake Shore Cryotronics, Inc.'s 2024 employer contribution ran above the $2,416 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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$33,458
HIGHLAND CONSULTING ASSOCIATES INC · Consulting$33,057
GBQ PARTNERS, LLC · Accounting / audit$10,500

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$77,015 · 0.18%
2023$68,645 · 0.19%
2022$76,368 · 0.20%
Same employer
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Zin Technologies, Inc. OH$49.3M · 0.15%
Cincom Systems, Inc. OH$48.7M · 0.02%
Ljb Inc. OH$47.9M · 0.12%
Ms Consultants, Inc. OH$44.2M · 0.20%
Prime Ae Group, Inc. OH$44.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310914553 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.