Plan Ledger DOL Form 5500 · updated monthly

Lamar Trailers Inc.401(k)

LAMAR TRAILERS INC. 401(K) PLAN · SUMNER, TX · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Lamar Trailers Inc. reported $7,431 in plan administrative expenses for 2024: 0.75% of average plan assets, below the peer median. Employer contributions averaged $805 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 0.90% to 0.75%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (5,206th of 5,688), and 13,199th of 13,661 in manufacturing. In 2024, employees put in $2.52 for every $1.00 the employer contributed; active participation has grown from 151 to 173 since 2022.

Plan summary
Net assets, end of year$1,205,006
Participants with balances184
Active participants173
Employer contributions$139,329
Employee contributions$350,910
Employer contribution per active participant$805
Average account balance$6,549
Benefits paid to participants$133,499
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.2M · 184 accts · $139K emplr
2023$764K · 180 accts · $116K emplr
2022$350K · 171 accts · $119K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,431
Total administrative$7,431
The Lamar Trailers Inc. 401(k) match · 2024
Employer contribution per active participant$805
Median for plans this size$540
2024$805 per active participant
2023$661 per active participant
2022$790 per active participant

Lamar Trailers Inc.'s 2024 employer contribution ran above the $540 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$7,430

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

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history3
2024$7,431 · 0.75%
2023$4,968 · 0.89%
2022$3,160 · 0.90%
Similar plansManufacturing · Texas
Bp Aerospace TX$1.2M · 2.28%
Syracuse Food Group, LLC TX$1.2M · 0.71%
Preferred Beef Group, LP TX$1.2M · 0.86%
Jem Beverage Company Inc TX$1.2M · 0.57%
Dws, LLC TX$1.1M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208054758 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.