Plan Ledger DOL Form 5500 · updated monthly

Lanair Products, LLC401(k)

LANAIR PRODUCTS, LLC RETIREMENT PLAN · JANESVILLE, WI · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Lanair Products, LLC reported $11,023 in plan administrative expenses for 2024: 0.30% of average plan assets, below the peer median. Employer contributions averaged $753 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 0.26% to 0.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,709th of 1,936), and 11,757th of 13,661 in manufacturing. In 2024, employees put in $5.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,967,482
Participants with balances115
Active participants94
Employer contributions$70,813
Employee contributions$367,424
Employer contribution per active participant$753
Average account balance$34,500
Benefits paid to participants$270,211
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 115 accts · $71K emplr
2023$3.3M · 120 accts · $86K emplr
2022$2.5M · 119 accts · $113K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,023
Total administrative$11,023
The Lanair Products, LLC 401(k) match · 2024
Employer contribution per active participant$753
Median for plans this size$1,313
2024$753 per active participant
2023$1,021 per active participant
2022$1,104 per active participant

Lanair Products, LLC'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
CAPITAL BANK & TRUST · Recordkeeping$675
ONEDIGITAL WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$8,738
PREMIER RETIREMENT PARTNERS · Contract administrator$1,610

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

Recordkeeper by year2
2024CAPITAL BANK & TRUST
2023CAPITAL BANK & TRUST

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

Administrative cost history3
2024$11,023 · 0.30%
2023$9,669 · 0.33%
2022$6,572 · 0.26%
Similar plansManufacturing · Wisconsin
Northern Metal Fab, Inc. WI$4.2M · 0.45%
Riverstone Machining, LLC WI$4.1M · 0.82%
Gilman Cheese Corporation WI$4.1M · 0.05%
Warren Industries, Inc. WI$4.0M · 0.02%
Hankscraft Inc. WI$3.9M · 0.52%
K.G. Stevens, Inc. WI$3.9M · 0.07%
Feradyne Outdoors LLC WI$3.9M · 1.30%
Multistack Bac, LLC WI$3.8M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800439818 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.