Plan Ledger DOL Form 5500 · updated monthly

Lavelle Industries, Inc.401(k)

LAVELLE INDUSTRIES, INC. PROFIT SHARING AND 401(K) SAVINGS PLAN · BURLINGTON, WI · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Lavelle Industries, Inc. reported $100,094 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $4,015 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 0.24% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 437th-largest of 1,936 plans among Wisconsin employers on file, and the 3,293rd of 13,661 in manufacturing. In 2024, employees put in $1.24 for every $1.00 the employer contributed; active participation has shrunk from 425 to 372 since 2022.

Plan summary
Net assets, end of year$47,176,630
Participants with balances474
Active participants372
Employer contributions$1,493,461
Employee contributions$1,854,635
Employer contribution per active participant$4,015
Average account balance$99,529
Benefits paid to participants$2,673,266
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$47.2M · 474 accts · $1.5M emplr
2023$41.1M · 451 accts · $1.4M emplr
2022$35.0M · 455 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,601
Investment management$16,493
Total administrative$100,094
The Lavelle Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$4,015
Median for plans this size$2,416
2024$4,015 per active participant
2023$3,456 per active participant
2022$3,119 per active participant

Lavelle Industries, Inc.'s 2024 employer contribution ran above the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$83,601
MARINER INSTITUTIONAL, L · Investment advisory (plan)$16,500

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$100,094 · 0.23%
2023$93,601 · 0.25%
2022$91,688 · 0.24%
Same employer
Similar plansManufacturing · Wisconsin
Prolec-Ge Waukesha, Inc. WI$48.4M · 0.23%
Country Visions Cooperative WI$48.0M · 0.41%
Wolter, Inc. WI$48.0M · 0.29%
Alto-Shaam, Inc. WI$47.9M · 0.27%
Worzalla, Inc. WI$45.9M · 0.52%
Gehl Foods, LLC WI$45.8M · 0.36%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 363566803 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.