Plan Ledger DOL Form 5500 · updated monthly

Leman U.S.A. Inc.401(k)

LEMAN U.S.A. INC., PROFIT SHARING/401(K) PLAN · STURTEVANT, WI · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Leman U.S.A. Inc. reported $23,673 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $3,578 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 3 years on file its reported administrative ratio has held roughly steady near 0.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Wisconsin (1,305th of 1,936), and the 1,196th of 2,677 in transportation & warehousing. In 2024, employees put in $1.33 for every $1.00 the employer contributed; active participation has shrunk from 145 to 84 since 2022.

Plan summary
Net assets, end of year$9,440,523
Participants with balances164
Active participants84
Employer contributions$300,587
Employee contributions$400,222
Employer contribution per active participant$3,578
Average account balance$57,564
Benefits paid to participants$863,522
Plan auditUnmodified (clean) audit opinion
AuditorSVA CERTIFIED PUBLIC ACCOUNTANTS, S
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 164 accts · $301K emplr
2023$8.4M · 209 accts · $268K emplr
2022$7.6M · 207 accts · $399K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,350
Investment management$22,323
Total administrative$23,673
The Leman U.S.A. Inc. 401(k) match · 2024
Employer contribution per active participant$3,578
Median for plans this size$1,313
2024$3,578 per active participant
2023$2,389 per active participant
2022$2,752 per active participant

Leman U.S.A. Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
WELLTH ADVISORY SERVICES LLC · Investment advisory (plan)$11,669
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$10,654
JPMORGAN INVEST HOLDINGS LLC$1,350

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$23,673 · 0.27%
2023$19,924 · 0.25%
2022$21,762 · 0.26%
Same employer
Similar plansTransportation & Warehousing · Wisconsin
B & K Transportation, Inc. WI$11.0M · 0.53%
Rgl Holdings, Inc. WI$10.2M · 0.34%
Airoldi Brothers, Inc. WI$9.9M · 0.72%
Sutton Transport, Inc. WI$8.9M · 1.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391539537 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.