Plan Ledger DOL Form 5500 · updated monthly

Lang Diesel, Inc,401(k)

LANG DIESEL, INC. EMPLOYEES SAVINGS TRUST · HAYS, KS · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Lang Diesel, Inc, reported $34,866 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $2,048 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 0.42% to 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Kansas (555th of 828), and 3,201st of 4,246 in wholesale trade. In 2024, employees put in $2.30 for every $1.00 the employer contributed; active participation has grown from 110 to 129 since 2022.

Plan summary
Net assets, end of year$8,103,496
Participants with balances166
Active participants129
Employer contributions$264,256
Employee contributions$608,486
Employer contribution per active participant$2,048
Average account balance$48,816
Benefits paid to participants$842,522
Plan auditUnmodified (clean) audit opinion
AuditorADAMSBROWN,LLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 166 accts · $264K emplr
2023$7.0M · 160 accts · $268K emplr
2022$5.5M · 144 accts · $207K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,251
Investment management$32,615
Total administrative$34,866
The Lang Diesel, Inc, 401(k) match · 2024
Employer contribution per active participant$2,048
Median for plans this size$1,313
2024$2,048 per active participant
2023$2,002 per active participant
2022$1,878 per active participant

Lang Diesel, Inc,'s 2024 employer contribution ran above 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping$2,251
WELLS FARGO ADVISORS · Investment advisory (plan)$32,615

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$34,866 · 0.46%
2023$26,610 · 0.43%
2022$25,161 · 0.42%
Similar plansWholesale Trade · Kansas
The Gerson Companies KS$9.3M · 0.68%
Hantover, Inc. KS$9.3M · 0.58%
Lone Star Management, LLC KS$8.1M · 0.80%
Hub, Inc. KS$7.0M · 0.51%
Redwood Trading, LLC KS$6.5M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481077973 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.