Plan Ledger DOL Form 5500 · updated monthly

Lh Carbide Tool & Die Corporation401(k)

LH CARBIDE PROFIT SHARING & SALARY SAVINGS PLAN · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Lh Carbide Tool & Die Corporation reported $24,675 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $396 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 0.04% to 0.11%. 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 522nd-largest of 1,562 plans among Indiana employers on file, and the 5,540th of 13,661 in manufacturing. In 2024, employees put in $10.15 for every $1.00 the employer contributed; active participation has shrunk from 262 to 235 since 2022.

Plan summary
Net assets, end of year$22,146,758
Participants with balances282
Active participants235
Employer contributions$93,100
Employee contributions$944,989
Employer contribution per active participant$396
Average account balance$78,535
Benefits paid to participants$2,303,678
Plan auditUnmodified (clean) audit opinion
AuditorBADEN, GAGE & SCHROEDER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$22.1M · 282 accts · $93K emplr
2023$20.9M · 275 accts · $101K emplr
2022$18.6M · 297 accts · $93K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,300
Investment management$4,251
Total administrative$24,675
The Lh Carbide Tool & Die Corporation 401(k) match · 2024
Employer contribution per active participant$396
Median for plans this size$2,416
2024$396 per active participant
2023$412 per active participant
2022$357 per active participant

Lh Carbide Tool & Die Corporation's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
BADEN GAGE & SCHROEDER LLC$14,424
PHILLIPS FINANCIAL MANAGEMENT LLCindirect comp

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$24,675 · 0.11%
2023$23,417 · 0.12%
2022$9,032 · 0.04%
Same employer
Similar plansManufacturing · Indiana
The Flexaust Company, Inc. IN$22.3M · 0.61%
Tube Processing Corp. IN$21.8M · 0.01%
Dmi Technology Corporation IN$21.8M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351138811 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.