Plan Ledger DOL Form 5500 · updated monthly

Lewis Bolt & Nut Company401(k)

LEWIS BOLT & NUT COMPANY 401(K) PLAN · LAJUNTA, CO · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Lewis Bolt & Nut Company reported $45,538 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,585 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 3 years on file its reported administrative ratio has held roughly steady near 0.41%. 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 the 722nd-largest of 1,461 plans among Colorado employers on file, and 8,037th of 13,661 in manufacturing. In 2024, employees put in $1.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,999,262
Participants with balances289
Active participants206
Employer contributions$532,465
Employee contributions$785,470
Employer contribution per active participant$2,585
Average account balance$41,520
Benefits paid to participants$758,335
Plan auditUnmodified (clean) audit opinion
AuditorLB CARLSON, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 289 accts · $532K emplr
2023$10.0M · 257 accts · $517K emplr
2022$7.6M · 262 accts · $458K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,028
Investment management$30,510
Total administrative$45,538
The Lewis Bolt & Nut Company 401(k) match · 2024
Employer contribution per active participant$2,585
Median for plans this size$2,416
2024$2,585 per active participant
2023$2,270 per active participant
2022$2,025 per active participant

Lewis Bolt & Nut Company's 2024 employer contribution ran above 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 · 20242
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$30,510
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$15,028

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$45,538 · 0.41%
2023$33,171 · 0.38%
2022$31,675 · 0.40%
Same employer
Similar plansManufacturing · Colorado
Golden Aluminum, Inc. CO$13.2M · 0.29%
Leanin' Tree, Inc. CO$12.9M · 0.36%
Ellab, Inc. CO$12.7M · 0.96%
Hutchison, Inc. CO$11.2M · 0.04%
Horizon AG Products, LP CO$10.8M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410375180 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.