Plan Ledger DOL Form 5500 · updated monthly

Lemieux Group LP401(k)

LEMIEUX GROUP LP 401(K) PROFIT SHARING PLAN · PITTSBURGH, PA · plan year 2023

Reported admin expense ratio · 2023
0.28%

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

Lemieux Group LP reported $61,108 in plan administrative expenses for 2023: 0.28% of average plan assets, above the peer median. Employer contributions averaged $953 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 0.08% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 1,410th-largest of 3,651 plans among Pennsylvania employers on file, and the 381st of 1,311 in arts, entertainment & recreation. In 2023, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 438 to 626 since 2022.

Plan summary
Net assets, end of year$23,220,122
Participants with balances223
Active participants626
Employer contributions$596,739
Employee contributions$1,132,178
Employer contribution per active participant$953
Average account balance$104,126
Benefits paid to participants$1,945,106
Plan auditUnmodified (clean) audit opinion
AuditorHILL, BARTH & KING LLC
Plan history3
Yearassets · accounts · employer contribution
2024$22.4M · 235 accts · $609K emplr
2023$23.2M · 223 accts · $597K emplr
2022$20.3M · 195 accts · $393K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$29,038
Investment management$25,656
Trustee / custodial$6,414
Total administrative$61,108
The Lemieux Group LP 401(k) match · 2023
Employer contribution per active participant$953
Median for plans this size$2,440
2024$1,581 per active participant
2023$953 per active participant
2022$897 per active participant

Lemieux Group LP's 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 · 20232
NEWPORT GROUP, INC. · Plan administrator · Recordkeeping$29,039
PNC ASSET MANAGEMENT · Contract administrator$25,656

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$67,231 · 0.29%
2023$61,108 · 0.28%
2022$17,875 · 0.08%
Similar plansArts, Entertainment & Recreation · Pennsylvania
Pittsburgh Cultural Trust PA$24.8M · 0.33%
The Franklin Institute PA$20.7M · 0.04%
Mount Airy #1, LLC PA$16.0M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251863319 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.