Plan Ledger DOL Form 5500 · updated monthly

Lancaster Bingo Company, LLC401(k)

LANCASTER BINGO COMPANY, LLC PROFIT SHARING PLAN · LANCASTER, OH · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Lancaster Bingo Company, LLC reported $83,509 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $3,346 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 0.12% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 812th-largest of 3,295 plans among Ohio employers on file, and the 1,087th of 4,246 in wholesale trade. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 154 to 250 since 2022.

Plan summary
Net assets, end of year$37,994,471
Participants with balances254
Active participants250
Employer contributions$836,623
Employee contributions$1,733,010
Employer contribution per active participant$3,346
Average account balance$149,585
Benefits paid to participants$2,820,732
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.0M · 254 accts · $837K emplr
2023$33.6M · 253 accts · $721K emplr
2022$29.1M · 157 accts · $642K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,475
Investment management$79,034
Total administrative$83,509
The Lancaster Bingo Company, LLC 401(k) match · 2024
Employer contribution per active participant$3,346
Median for plans this size$2,416
2024$3,346 per active participant
2023$2,838 per active participant
2022$4,169 per active participant

Lancaster Bingo Company, LLC'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
EMPOWER ADVISORY GROUP, LLC · Investment management$44,857
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$36,603

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$83,509 · 0.23%
2023$84,508 · 0.27%
2022$34,507 · 0.12%
Same employer
Similar plansWholesale Trade · Ohio
Midwest Tape, LLC OH$38.9M · 0.42%
Barentz North America, LLC OH$38.3M · 0.54%
Lyden Oil Company OH$36.6M · 0.26%
Fasteners for Retail, Inc. OH$35.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 862742146 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.