Plan Ledger DOL Form 5500 · updated monthly

Lesco Design & Manufacturing Company, Inc.401(k)

LESCO DESIGN & MANUFACTURING COMPANY, INC. 401(K) RETEIREMENT SAVINGS PLAN · LA GRANGE, KY · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Lesco Design & Manufacturing Company, Inc. reported $72,866 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $3,368 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 0.48% to 0.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Kentucky (449th of 871), and 2,979th of 5,337 in construction. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 89 to 118 since 2022.

Plan summary
Net assets, end of year$10,767,425
Participants with balances107
Active participants118
Employer contributions$397,365
Employee contributions$788,190
Employer contribution per active participant$3,368
Average account balance$100,630
Benefits paid to participants$277,200
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 107 accts · $397K emplr
2023$8.6M · 107 accts · $567K emplr
2022$6.4M · 101 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,643
Investment management$26,518
Total administrative$72,866
The Lesco Design & Manufacturing Company, Inc. 401(k) match · 2024
Employer contribution per active participant$3,368
Median for plans this size$1,313
2024$3,368 per active participant
2023$5,200 per active participant
2022$11,555 per active participant

Lesco Design & Manufacturing Company, 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 · 20244
RAYMOND JAMES · Investment advisory (plan)$23,814
EMPOWER ADVISORY GROUP, LLC · Investment management$2,704

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$72,866 · 0.75%
2023$38,043 · 0.51%
2022$31,785 · 0.48%
Similar plansConstruction · Kentucky
Judy Construction Company KY$11.9M · 0.19%
Mago Construction Co., LLC KY$11.5M · 0.67%
Arrow Electric Co., Inc. KY$9.9M · 0.23%
Cleary Construction, Inc. KY$9.5M · 0.44%
Holland Roofing, Inc. KY$9.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610600006 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.