Plan Ledger DOL Form 5500 · updated monthly

Lewis Resource Management, LLC401(k)

LEWIS RESOURCE MANAGEMENT LLC 401(K) PLAN · ENCINAL, TX · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Lewis Resource Management, LLC reported $77,443 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $3,288 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 0.16% 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 the 1,171st-largest of 5,688 plans among Texas employers on file, and the 3,469th of 13,661 in manufacturing. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has shrunk from 714 to 586 since 2022.

Plan summary
Net assets, end of year$43,445,407
Participants with balances646
Active participants586
Employer contributions$1,926,927
Employee contributions$3,296,916
Employer contribution per active participant$3,288
Average account balance$67,253
Benefits paid to participants$7,262,056
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.4M · 646 accts · $1.9M emplr
2023$40.1M · 726 accts · $2.1M emplr
2022$33.9M · 755 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,971
Investment management$38,472
Total administrative$77,443
The Lewis Resource Management, LLC 401(k) match · 2024
Employer contribution per active participant$3,288
Median for plans this size$2,416
2024$3,288 per active participant
2023$3,257 per active participant
2022$3,086 per active participant

Lewis Resource Management, LLC'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 · 20244
ADP, INC. · Loan processing · Recordkeeping$38,971
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$38,472
CHARLES SCHWAB INVESTMENT MGMT INC. · Securities brokerage$9
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$77,443 · 0.19%
2023$69,173 · 0.19%
2022$56,479 · 0.16%
Similar plansManufacturing · Texas
Igloo Products Corp. TX$45.7M · 0.25%
Kps Global, LLC TX$45.3M · 0.30%
Nielsen & Bainbridge, LLC TX$44.6M · 0.24%
Bishop Employee Company LLC TX$42.2M · 0.21%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 452935322 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.