Plan Ledger DOL Form 5500 · updated monthly

Lemo USA, Inc.401(k)

LEMO USA INC 401(K) PROFIT SHARING PLAN · ROHNERT PARK, CA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Lemo USA, Inc. reported $22,448 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $1,505 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 0.42% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (4,960th of 9,483), and 8,013th of 13,661 in manufacturing. In 2024, employees put in $3.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,063,556
Participants with balances127
Active participants121
Employer contributions$182,122
Employee contributions$688,032
Employer contribution per active participant$1,505
Average account balance$94,989
Benefits paid to participants$2,035,830
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 127 accts · $182K emplr
2023$11.6M · 128 accts · $180K emplr
2022$9.9M · 120 accts · $163K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,448
Total administrative$22,448
The Lemo USA, Inc. 401(k) match · 2024
Employer contribution per active participant$1,505
Median for plans this size$2,416
2024$1,505 per active participant
2023$1,408 per active participant
2022$1,338 per active participant

Lemo USA, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$22,448

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$22,448 · 0.19%
2023$45,293 · 0.42%
2022$45,317 · 0.42%
Same employer
Similar plansManufacturing · California
Aerometals, Inc. CA$12.2M · 0.09%
La Tortilla Factory CA$12.2M · 0.04%
The Ergo Baby Carrier, Inc. CA$12.2M · 0.56%
Nalu Medical, Inc. CA$12.1M · 0.25%
Steven Label LLC CA$12.1M · 0.34%
Guayaki CA$12.0M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942187202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.