Plan Ledger DOL Form 5500 · updated monthly

Lansing Building Products, LLC401(k)

LANSING BUILDING PRODUCTS, LLC 401K PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Lansing Building Products, LLC reported $157,560 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $2,297 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 3 years on file its reported administrative ratio has held roughly steady near 0.135%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 231st-largest of 2,266 plans among Virginia employers on file, and the 346th of 4,246 in wholesale trade. In 2024, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$125,582,491
Participants with balances2,544
Active participants1,865
Employer contributions$4,283,077
Employee contributions$9,406,035
Employer contribution per active participant$2,297
Average account balance$49,364
Benefits paid to participants$13,478,388
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$125.6M · 2,544 accts · $4.3M emplr
2023$107.1M · 2,131 accts · $3.6M emplr
2022$81.5M · 1,966 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Investment management$157,804
Total administrative$157,560
The Lansing Building Products, LLC 401(k) match · 2024
Employer contribution per active participant$2,297
Median for plans this size$3,635
2024$2,297 per active participant
2023$1,992 per active participant
2022$1,954 per active participant

Lansing Building Products, LLC's 2024 employer contribution ran below the $3,635 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
WELLS FARGO CLEARING SERVICES · Investment advisory (plan)$110,043
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$47,761
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$157,560 · 0.14%
2023$118,725 · 0.13%
2022$118,508 · 0.14%
Same employer
Similar plansWholesale Trade · Virginia
Jre Holdings, Inc. VA$181.7M · 0.22%
Fisher Auto Parts, Inc. VA$92.2M · 0.14%
Kaeser Compressors, Inc. VA$90.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540617098 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.