Plan Ledger DOL Form 5500 · updated monthly

Lbx Company, LLC401(k)

LBX EMPLOYEES' SAVINGS & INVESTMENT PLAN · LEXINGTON, KY · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Lbx Company, LLC reported $1,730 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,229 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 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 287th-largest of 871 plans among Kentucky employers on file, and the 5,883rd of 13,661 in manufacturing. In 2023, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 96 to 109 since 2022.

Plan summary
Net assets, end of year$20,270,846
Participants with balances115
Active participants109
Employer contributions$461,004
Employee contributions$962,209
Employer contribution per active participant$4,229
Average account balance$176,268
Benefits paid to participants$848,367
Plan auditUnmodified (clean) audit opinion
AuditorDEMING, MALONE, LIVESAY AND OSTROFF
Plan history3
Yearassets · accounts · employer contribution
2024$19.5M · 120 accts · $547K emplr
2023$20.3M · 115 accts · $461K emplr
2022$16.7M · 109 accts · $445K emplr
Administrative expenses, itemized · 2023
Audit (IQPA)$1,730
Total administrative$1,730
The Lbx Company, LLC 401(k) match · 2023
Employer contribution per active participant$4,229
Median for plans this size$2,440
2024$4,593 per active participant
2023$4,229 per active participant
2022$4,638 per active participant

Lbx Company, LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$1,730
FIDELITY · Investment managementindirect comp
PIMCO FUNDS · Investment managementindirect comp
HARBOR CAPITAL · Investment managementindirect comp

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$12,742 · 0.06%
2023$1,730 · 0.01%
2022$1,840 · 0.01%
Same employer
Similar plansManufacturing · Kentucky
Mouser Cabinetry LLC KY$21.3M · 0.02%
Halton Group Americas Inc. KY$21.3M · 0.29%
Whip Mix Corporation KY$20.0M · 0.31%
Mbv-Ca, LLC KY$19.4M · 0.32%
Hexatronic US Holding, Inc. KY$18.4M · 0.50%
Stober Drives, Inc. KY$18.0M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611331493 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.