Plan Ledger DOL Form 5500 · updated monthly

Lanter Distributing LLC401(k)

LANTER DISTRIBUTING LLC 401(K) PLAN · MADISON, IL · plan year 2024

Reported admin expense ratio · 2024
0.98%

Lanter Distributing LLC reported $39,481 in plan administrative expenses for 2024: 0.98% of average plan assets, higher than ~75% of peers. 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 1.10% to 0.98%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Illinois (3,056th of 3,702), and 1,752nd of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$4,234,047
Participants with balances159
Active participants136
Employer contributions—
Employee contributions$184,456
Employer contribution per active participant—
Average account balance$26,629
Benefits paid to participants$284,822
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 159 accts
2023$3.9M · 154 accts
2022$3.5M · 134 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,454
Trustee / custodial$5,027
Total administrative$39,481
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
NEWPORT GROUP, INC · Contract administrator · Recordkeeping$34,454
NEWPORT TRUST COMPANY · Trustee · Trustee (directed)$5,027

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$39,481 · 0.98%
2023$47,150 · 1.27%
2022$45,705 · 1.10%
Same employer
Similar plansTransportation & Warehousing · Illinois
Ironhorse Resources, Inc. IL$4.8M · 0.56%
Middle River Marine, LLC IL$4.7M · 0.69%
Cargo Partner Network IL$4.5M · 0.14%
T.H. Ryan Cartage Co. IL$4.1M · 0.69%
Double D Express, Inc. IL$3.9M · 0.61%
Jung Truck Service, Inc. IL$3.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454607652 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.