Plan Ledger DOL Form 5500 · updated monthly

Lgt Transport, LLC401(k)

LGT TRANSPORT, LLC SAFE HARBOR 401(K) PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.98%

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

Lgt Transport, LLC reported $35,741 in plan administrative expenses for 2024: 0.98% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,304 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 0.63% to 0.98%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Nebraska (482nd of 565), and 1,751st of 2,677 in transportation & warehousing. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 124 to 170 since 2022.

Plan summary
Net assets, end of year$4,241,107
Participants with balances131
Active participants170
Employer contributions$391,709
Employee contributions$728,584
Employer contribution per active participant$2,304
Average account balance$32,375
Benefits paid to participants$351,779
Plan auditUnmodified (clean) audit opinion
AuditorBLAND & ASSOCIATES, P.C. CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 131 accts · $392K emplr
2023$3.0M · 116 accts · $351K emplr
2022$1.6M · 100 accts · $306K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,741
Total administrative$35,741
The Lgt Transport, LLC 401(k) match · 2024
Employer contribution per active participant$2,304
Median for plans this size$1,313
2024$2,304 per active participant
2023$2,493 per active participant
2022$2,468 per active participant

Lgt Transport, LLC'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 · 20241
JOHN HANCOCK LIFE INSURANC COMPANY · Recordkeeping · Investment management$2,530

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$35,741 · 0.98%
2023$23,552 · 1.02%
2022$10,069 · 0.63%
Same employer
Similar plansTransportation & Warehousing · Nebraska
Sunrise Express, Inc. NE$4.8M · 0.12%
Busco, Inc. NE$4.4M · 1.21%
Hunt Transportation, Inc. NE$4.2M · 0.34%
Badlands Tank Lines NE$3.2M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453616223 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.