Plan Ledger DOL Form 5500 · updated monthly

Lamar Media Corp.401(k)

THE LAMAR SAVINGS AND PROFIT SHARING PLAN · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Lamar Media Corp. reported $315,610 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $2,079 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 0.03% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 13th-largest of 884 plans among Louisiana employers on file, and the 345th of 11,654 in professional & technical services. In 2024, employees put in $3.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$517,271,926
Participants with balances4,178
Active participants3,444
Employer contributions$7,159,212
Employee contributions$23,369,270
Employer contribution per active participant$2,079
Average account balance$123,809
Benefits paid to participants$37,122,490
Plan auditUnmodified (clean) audit opinion
AuditorKPMG LLP
Plan history3
Yearassets · accounts · employer contribution
2024$517.3M · 4,178 accts · $7.2M emplr
2023$460.6M · 4,199 accts · $7.5M emplr
2022$389.5M · 4,086 accts · $7.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$235,510
Investment management$15,006
Total administrative$315,610
The Lamar Media Corp. 401(k) match · 2024
Employer contribution per active participant$2,079
Median for plans this size$4,294
2024$2,079 per active participant
2023$2,185 per active participant
2022$2,108 per active participant

Lamar Media Corp.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. 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 · 20244
T ROWE PRICE RPS INC · Recordkeeping · Trustee$235,510
FIDUCIENT ADVISORS · Consulting$45,911
THE KULLMAN FIRM · Legal$19,272
MORNINGSTAR · Investment advisory (participants)$15,006

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$315,610 · 0.06%
2023$269,514 · 0.06%
2022$116,983 · 0.03%
Similar plansProfessional & Technical Services · Louisiana
Milbank LLP NY$521.4M · 0.01%
Vedder Price, P.C. IL$520.5M · 0.03%
Dnv Gl USA, Inc. TX$518.9M · 0.12%
Polsinelli PC MO$518.1M · 0.02%
Dewberry Engineers Inc. VA$511.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721205791 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.