Plan Ledger DOL Form 5500 · updated monthly

Lemans Corporation401(k)

LEMANS CORPORATION 401(K) SAVINGS PLAN · JANESVILLE, WI · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Lemans Corporation reported $261,909 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $2,734 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 0.20% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 196th-largest of 1,936 plans among Wisconsin employers on file, and the 352nd of 4,246 in wholesale trade. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has grown from 761 to 979 since 2022.

Plan summary
Net assets, end of year$122,339,696
Participants with balances1,137
Active participants979
Employer contributions$2,676,337
Employee contributions$3,962,471
Employer contribution per active participant$2,734
Average account balance$107,599
Benefits paid to participants$16,831,494
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$122.3M · 1,137 accts · $2.7M emplr
2023$120.6M · 1,129 accts · $2.6M emplr
2022$108.2M · 903 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$119,639
Investment management$126,770
Audit (IQPA)$15,200
Total administrative$261,909
The Lemans Corporation 401(k) match · 2024
Employer contribution per active participant$2,734
Median for plans this size$3,635
2024$2,734 per active participant
2023$2,530 per active participant
2022$3,305 per active participant

Lemans Corporation's 2024 employer contribution ran below the $3,635 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 · 20244
ROBERT W BAIRD & CO INCORPORATED · Investment advisory (plan)$126,770
VRAKAS SC · Accounting / audit$15,200
QDRO CONSULTANTS COMPANY, LLC$300

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$261,909 · 0.22%
2023$238,012 · 0.21%
2022$205,358 · 0.20%
Same employer
Similar plansWholesale Trade · Wisconsin
Iewc Corp. WI$215.0M
Brp US Inc. WI$158.6M · 0.24%
Gordon Flesch Company, Inc. WI$153.5M · 0.08%
Russel Metals Inc. WI$118.4M · 0.01%
Laforce, LLC WI$100.7M · 0.16%
School Specialty, LLC WI$99.0M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391127445 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.