Plan Ledger DOL Form 5500 · updated monthly

Lane Enterprises, Inc.401(k)

LANE ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN · EL DORADO, KS · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Lane Enterprises, Inc. reported $37,391 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. Employer contributions averaged $218 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 0.81% to 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Kansas (647th of 828), and the 867th of 2,240 in accommodation & food services. In 2024, employees put in $4.24 for every $1.00 the employer contributed; active participation has shrunk from 306 to 269 since 2022.

Plan summary
Net assets, end of year$5,156,697
Participants with balances176
Active participants269
Employer contributions$58,579
Employee contributions$248,206
Employer contribution per active participant$218
Average account balance$29,299
Benefits paid to participants$221,687
Plan auditUnmodified (clean) audit opinion
AuditorWENDLING NOE NELSON & JOHNSON, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 176 accts · $59K emplr
2023$4.6M · 193 accts · $67K emplr
2022$4.5M · 209 accts · $62K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,123
Trustee / custodial$27,268
Total administrative$37,391
The Lane Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$218
Median for plans this size$1,313
2024$218 per active participant
2023$258 per active participant
2022$202 per active participant

Lane Enterprises, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
INTRUST BANK, N.A. · Recordkeeping · Trustee (discretionary)$37,391

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

Recordkeeper by year2
2024INTRUST BANK, N.A.
2023INTRUST BANK, N.A.

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Administrative cost history3
2024$37,391 · 0.77%
2023$36,132 · 0.79%
2022$39,620 · 0.81%
Similar plansAccommodation & Food Services · Kansas
Ja-Del, Inc. KS$9.0M · 0.90%
Rhw Management, Inc KS$8.2M · 0.62%
Ruffin Holdings, Inc. KS$6.4M · 0.01%
Pb&J Restaurants, Inc. KS$3.9M · 0.98%
Gmrg Acq 1, LLC KS$3.7M · 0.67%
Dobski & Associates, Inc. KS$2.2M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480890566 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.