Plan Ledger DOL Form 5500 · updated monthly

Lallemand USA, Inc.401(k)

LALLEMAND USA 401(K) SAVINGS PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Lallemand USA, Inc. reported $161,718 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $4,633 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 0.24% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 157th-largest of 1,496 plans among Tennessee employers on file, and the 1,881st of 13,661 in manufacturing. In 2024, employees put in $1.69 for every $1.00 the employer contributed; active participation has grown from 578 to 672 since 2022.

Plan summary
Net assets, end of year$102,193,540
Participants with balances757
Active participants672
Employer contributions$3,113,096
Employee contributions$5,267,516
Employer contribution per active participant$4,633
Average account balance$134,998
Benefits paid to participants$6,617,634
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$102.2M · 757 accts · $3.1M emplr
2023$85.4M · 691 accts · $2.8M emplr
2022$71.3M · 689 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,118
Investment management$81,402
Total administrative$161,718
The Lallemand USA, Inc. 401(k) match · 2024
Employer contribution per active participant$4,633
Median for plans this size$3,635
2024$4,633 per active participant
2023$4,534 per active participant
2022$4,269 per active participant

Lallemand USA, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$80,315
RBC WEALTH MANAGEMENT · Investment advisory (plan)$79,735

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$161,718 · 0.17%
2023$179,746 · 0.23%
2022$184,054 · 0.24%
Same employer
Similar plansManufacturing · Tennessee
Abg Operating, LLC TN$124.1M · 0.21%
Bryce Corporation TN$115.3M · 0.12%
Carlex Glass America, LLC TN$102.1M · 0.26%
Deroyal Industries, Inc. TN$101.4M · 0.03%
Resource Label Group LLC TN$98.7M · 0.34%
Granges Americas Inc. TN$97.9M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980096771 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.