Plan Ledger DOL Form 5500 · updated monthly

Lawrence Screw Products, Inc.401(k)

LAWRENCE SCREW PRODUCTS, INC. 401(K) PROFIT SHARING PLAN · HARWOOD HEIGHTS, IL · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Lawrence Screw Products, Inc. reported $10,700 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,351 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 0.01% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Illinois (2,224th of 3,702), and 2,680th of 4,246 in wholesale trade. In 2024, employees put in $2.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,976,988
Participants with balances141
Active participants128
Employer contributions$172,972
Employee contributions$446,588
Employer contribution per active participant$1,351
Average account balance$84,943
Benefits paid to participants$312,270
Plan auditUnmodified (clean) audit opinion
AuditorCRAY, KAISER LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 141 accts · $173K emplr
2023$10.5M · 144 accts · $157K emplr
2022$9.2M · 108 accts · $187K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$450
Audit (IQPA)$10,250
Total administrative$10,700
The Lawrence Screw Products, Inc. 401(k) match · 2024
Employer contribution per active participant$1,351
Median for plans this size$2,416
2024$1,351 per active participant
2023$1,195 per active participant
2022$1,368 per active participant

Lawrence Screw Products, Inc.'s 2024 employer contribution ran below 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
CRAY KAISER LTD · Accounting / audit$10,250
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$450

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$10,700 · 0.10%
2023$10,156 · 0.10%
2022$604 · 0.01%
Same employer
Similar plansWholesale Trade · Illinois
Phusion Projects, LLC IL$12.4M · 0.49%
S & S Automotive, Inc. IL$12.4M · 0.13%
Lynco Distribution, Inc. IL$12.2M · 0.57%
The Federated Group, Inc. IL$11.0M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362923827 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.