Plan Ledger DOL Form 5500 · updated monthly

Landmark Implement, Inc.401(k)

LANDMARK IMPLEMENT, INC. 401(K) PROFIT SHARING PLAN · KEARNEY, NE · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Landmark Implement, Inc. reported $173,907 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $3,666 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 0.35% to 0.42%. 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 139th-largest of 565 plans among Nebraska employers on file, and the 3,393rd of 13,661 in manufacturing. In 2024, employees put in $2.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,988,207
Participants with balances446
Active participants399
Employer contributions$1,462,545
Employee contributions$3,448,697
Employer contribution per active participant$3,666
Average account balance$100,870
Benefits paid to participants$3,363,853
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.0M · 446 accts · $1.5M emplr
2023$38.5M · 457 accts · $1.5M emplr
2022$31.0M · 436 accts · $951K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,132
Investment management$106,775
Total administrative$173,907
The Landmark Implement, Inc. 401(k) match · 2024
Employer contribution per active participant$3,666
Median for plans this size$2,416
2024$3,666 per active participant
2023$3,751 per active participant
2022$2,425 per active participant

Landmark Implement, Inc.'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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$4,334
NORTHWESTERN MUTUAL WEALTH · Investment advisory (participants)$106,775

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$173,907 · 0.42%
2023$139,588 · 0.40%
2022$115,500 · 0.35%
Same employer
Similar plansManufacturing · Nebraska
Claas of America Inc. NE$52.9M · 0.19%
Hughes Brothers, Inc. NE$48.4M · 0.08%
Timpte Industries Inc NE$47.8M · 0.18%
Standard Nutrition Company NE$43.4M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203886485 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.