Plan Ledger DOL Form 5500 · updated monthly

Lehan Drugs401(k)

LEHAN DRUGS 401(K) PROFIT SHARING PLAN · DEKALB, IL · plan year 2022

Reported admin expense ratio · 2022
0.58%

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

Lehan Drugs reported $19,508 in plan administrative expenses for 2022: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,003 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Illinois (3,203rd of 3,702), and 4,299th of 5,215 in retail trade. In 2022, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,165,182
Participants with balances99
Active participants112
Employer contributions$112,303
Employee contributions$180,663
Employer contribution per active participant$1,003
Average account balance$31,972
Benefits paid to participants$13,953
Plan auditUnmodified (clean) audit opinion
AuditorDESMOND & AHERN, LTD
The Lehan Drugs 401(k) match · 2022
Employer contribution per active participant$1,003
Median for plans this size$1,114

Lehan Drugs's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$19,508 · 0.58%
Similar plansRetail Trade · Illinois
Hindman LLC IL$3.6M · 0.80%
R.I.S.N. Operations Inc. IL$3.4M · 0.02%
Harmon Foods, Inc. IL$3.1M · 0.34%
Lenny's Gas N Wash, LLC IL$3.0M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362674647 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.