Plan Ledger DOL Form 5500 · updated monthly

Lhc, Incorporated401(k)

LHC, INCORPORATED/THOMPSON RIVER LUMBER 401(K) PROFIT SHARING PLAN · KALISPELL, MT · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Lhc, Incorporated reported $69,579 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,341 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 0.51% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 107th-largest of 229 plans among Montana employers on file, and 2,572nd of 4,246 in wholesale trade. In 2024, the employer put in $1.52 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$12,956,179
Participants with balances287
Active participants234
Employer contributions$781,759
Employee contributions$515,088
Employer contribution per active participant$3,341
Average account balance$45,143
Benefits paid to participants$2,171,303
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.0M · 287 accts · $782K emplr
2023$12.5M · 283 accts · $956K emplr
2022$10.9M · 289 accts · $981K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,579
Total administrative$69,579
The Lhc, Incorporated 401(k) match · 2024
Employer contribution per active participant$3,341
Median for plans this size$2,416
2024$3,341 per active participant
2023$4,191 per active participant
2022$4,158 per active participant

Lhc, Incorporated'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
STOCKMAN WEALTH MANAGEMENT · Investment advisory (plan)$36,916

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$69,579 · 0.55%
2023$58,936 · 0.50%
2022$58,229 · 0.51%
Same employer
Similar plansWholesale Trade · Montana
The Tire Guys, Inc. MT$13.9M · 0.45%
Frontline AG Solutions LLC MT$13.3M · 0.02%
Blue Rock Products Co. MT$12.6M · 0.24%
Meateater, Inc. MT$7.1M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810303245 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.