Plan Ledger DOL Form 5500 · updated monthly

Lean Techniques, Inc.401(k)

LEAN TECHNIQUES INC 401K PLAN · JOHNSTON, IA · plan year 2025

Reported admin expense ratio · 2025
0.30%

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

Lean Techniques, Inc. reported $38,349 in plan administrative expenses for 2025: 0.30% of average plan assets, above the peer median. Employer contributions averaged $3,356 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 0.40% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Iowa (497th of 878), and 6,694th of 11,654 in professional & technical services. In 2025, employees put in $3.05 for every $1.00 the employer contributed; active participation has grown from 124 to 139 since 2023.

Plan summary
Net assets, end of year$14,515,749
Participants with balances160
Active participants139
Employer contributions$466,516
Employee contributions$1,422,499
Employer contribution per active participant$3,356
Average account balance$90,723
Benefits paid to participants$480,124
Plan auditUnmodified (clean) audit opinion
AuditorSKIBBIE CPA, INC.
Plan history3
Yearassets · accounts · employer contribution
2025$14.5M · 160 accts · $467K emplr
2024$11.0M · 147 accts · $448K emplr
2023$8.3M · 146 accts · $406K emplr
Administrative expenses, itemized · 2025
Investment management$38,349
Total administrative$38,349
The Lean Techniques, Inc. 401(k) match · 2025
Employer contribution per active participant$3,356
Median for plans this size$2,666
2025$3,356 per active participant
2024$3,609 per active participant
2023$3,272 per active participant

Lean Techniques, Inc.'s 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$14,190
THE FINWAY GROUP · Recordkeeping · Loan processing$3,520
EDWARD D JONES & COMPANY · Investment advisory (plan)$18,141
MESIROW FINANCIAL, INC. · Investment advisory (plan)$2,498

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

Recordkeeper by year3
2025THE FINWAY GROUP, Transamerica
2024THE FINWAY GROUP, Transamerica
2023THE FINWAY GROUP, Transamerica

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

Administrative cost history3
2025$38,349 · 0.30%
2024$38,296 · 0.40%
2023$27,896 · 0.40%
Same employer
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Foodchain Id Group, Inc. IA$18.9M · 0.58%
Iowa Legal Aid IA$14.8M · 0.30%
The Meyocks Group, Inc. IA$14.4M · 0.10%
Continuum Advantage, LLC IA$14.3M · 0.72%
Leepfrog Technologies, Inc. IA$13.9M · 0.07%
Economy Advertising Company IA$11.2M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383836804 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.