Plan Ledger DOL Form 5500 · updated monthly

Laux-Arnold,Inc. dba L-A Electric401(k)

LAUX-ARNOLD, INC 401(K) SALARY REDUCTION PLAN · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Laux-Arnold,Inc. dba L-A Electric reported $84,680 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,486 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 0.66% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 699th-largest of 1,562 plans among Indiana employers on file, and the 2,399th of 5,337 in construction. In 2024, employees put in $1.22 for every $1.00 the employer contributed; active participation has grown from 98 to 108 since 2022.

Plan summary
Net assets, end of year$15,553,293
Participants with balances130
Active participants108
Employer contributions$592,540
Employee contributions$722,121
Employer contribution per active participant$5,486
Average account balance$119,641
Benefits paid to participants$378,431
Plan auditUnmodified (clean) audit opinion
AuditorDULIN, WARD & DEWALD, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$15.6M · 130 accts · $593K emplr
2023$13.0M · 118 accts · $546K emplr
2022$10.1M · 123 accts · $560K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,680
Total administrative$84,680
The Laux-Arnold,Inc. dba L-A Electric 401(k) match · 2024
Employer contribution per active participant$5,486
Median for plans this size$2,416
2024$5,486 per active participant
2023$5,511 per active participant
2022$5,717 per active participant

Laux-Arnold,Inc. dba L-A Electric's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
SYM FINANCIAL CORPORATION · Investment advisory (plan)$48,025
RETIREMENT PLAN CONCEPTS & SERIVCES · Contract administrator$8,120

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$84,680 · 0.59%
2023$71,477 · 0.62%
2022$69,555 · 0.66%
Same employer
Similar plansConstruction · Indiana
Wagner-Meinert, LLC IN$16.1M · 0.46%
Reynolds Construction, LLC IN$15.9M · 0.32%
Mep Holding Company Inc. IN$14.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351748885 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.