Plan Ledger DOL Form 5500 · updated monthly

Lensing Wholesale Inc.401(k)

LENSING WHOLESALE, INC. 401(K) PROFIT SHARING PLAN AND TRUST · EVANSVILLE, IN · plan year 2022

Reported admin expense ratio · 2022
0.39%

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

Lensing Wholesale Inc. reported $62,452 in plan administrative expenses for 2022: 0.39% of average plan assets, above the peer median. Employer contributions averaged $896 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 0.39% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is the 774th-largest of 1,562 plans among Indiana employers on file, and 2,546th of 4,246 in wholesale trade. In 2022, employees put in $6.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,228,072
Participants with balances138
Active participants127
Employer contributions$113,828
Employee contributions$683,635
Employer contribution per active participant$896
Average account balance$95,856
Benefits paid to participants$3,878,100
Plan auditUnmodified (clean) audit opinion
AuditorHARDING, SHYMANSKI & COMPANY, PSC
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 148 accts · $231K emplr
2023$12.5M · 131 accts · $230K emplr
2022$13.2M · 138 accts · $114K emplr
The Lensing Wholesale Inc. 401(k) match · 2022
Employer contribution per active participant$896
Median for plans this size$2,266
2024$1,715 per active participant
2023$1,933 per active participant
2022$896 per active participant

Lensing Wholesale Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$54,684 · 0.43%
2023$40,008 · 0.31%
2022$62,452 · 0.39%
Similar plansWholesale Trade · Indiana
Central Products, LLC IN$14.9M · 0.63%
Brehob Corporation IN$13.7M · 0.45%
Lee Supply Corp. IN$12.9M · 0.09%
Stanz Cheese Co., Inc. IN$12.7M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350838284 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.