Plan Ledger DOL Form 5500 · updated monthly

Lgc401(k)

LGC 401(K) SAVINGS PLAN · MANCHESTER, NH · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Lgc reported $243,833 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,996 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 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 32nd-largest of 411 plans among New Hampshire employers on file, and the 1,773rd of 13,661 in manufacturing. In 2024, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$110,119,504
Participants with balances1,376
Active participants1,210
Employer contributions$3,625,568
Employee contributions$8,730,723
Employer contribution per active participant$2,996
Average account balance$80,029
Benefits paid to participants$11,477,512
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$110.1M · 1,376 accts · $3.6M emplr
2023$94.8M · 1,375 accts · $4.0M emplr
2022$72.6M · 1,265 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$172,793
Investment management$70,042
Total administrative$243,833
The Lgc 401(k) match · 2024
Employer contribution per active participant$2,996
Median for plans this size$3,635
2024$2,996 per active participant
2023$3,318 per active participant
2022$3,365 per active participant

Lgc's 2024 employer contribution ran below the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$170,799
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$36,893
NEWPORT GROUP CONSULTING LLC · Investment advisory (plan)$33,149

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$243,833 · 0.24%
2023$161,142 · 0.19%
2022$178,071 · 0.23%
Similar plansManufacturing · New Hampshire
Sprague Resources Gp LLC NH$201.8M · 0.07%
Sig Sauer, Inc. NH$198.8M · 0.19%
Fujifilm Dimatix, Inc. NH$131.3M · 0.04%
Velcro USA Inc. NH$108.4M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 020416194 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.