Plan Ledger DOL Form 5500 · updated monthly

Land O'Frost, Inc.401(k)

LAND O'FROST 401(K) RETIREMENT SAVINGS PLAN · LANSING, IL · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Land O'Frost, Inc. reported $212,488 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $693 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 0.50% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 911th-largest of 3,702 plans among Illinois employers on file, and the 3,129th of 13,661 in manufacturing. In 2024, employees put in $4.72 for every $1.00 the employer contributed; active participation has grown from 1,045 to 1,310 since 2022.

Plan summary
Net assets, end of year$50,439,156
Participants with balances1,347
Active participants1,310
Employer contributions$907,823
Employee contributions$4,282,487
Employer contribution per active participant$693
Average account balance$37,446
Benefits paid to participants$6,004,369
Plan auditUnmodified (clean) audit opinion
AuditorSWARTZ, RETSON & CO., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$50.4M · 1,347 accts · $908K emplr
2023$45.4M · 1,371 accts · $1.1M emplr
2022$33.7M · 993 accts · $948K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,521
Total administrative$212,488
The Land O'Frost, Inc. 401(k) match · 2024
Employer contribution per active participant$693
Median for plans this size$2,416
2024$693 per active participant
2023$968 per active participant
2022$907 per active participant

Land O'Frost, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$107,521
FOREST CAPTIAL MANAGEMENT, LLC · Consulting$104,967

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$212,488 · 0.44%
2023$135,557 · 0.34%
2022$181,715 · 0.50%
All plans at this employer2
LAND O'FROST 401(K) RETIREMENT SAVINGS PLAN401(k)
LAND O'FROST 401(K) BARGAINING UNIT RETIREMENT PLAN401(k)
Same employer
Similar plansManufacturing · Illinois
Tempel Steel Company, LLC IL$51.7M · 0.31%
Transcendia, Inc. IL$51.5M · 0.18%
McLaughlin Body Company IL$50.4M · 0.03%
Cambium Networks, Inc. IL$49.9M · 0.19%
Nemera Buffalo Grove LLC IL$49.8M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362265880 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.