Plan Ledger DOL Form 5500 · updated monthly

Lhoist North America, Inc.401(k)

LHOIST NORTH AMERICA 401(K) PLAN · FORT WORTH, TX · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Lhoist North America, Inc. reported $333,495 in plan administrative expenses for 2023: 0.14% of average plan assets, above the peer median. Employer contributions averaged $8,013 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 1 year on file its reported administrative ratio rose from 0.13% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 326th-largest of 5,688 plans among Texas employers on file, and the 961st of 13,661 in manufacturing. In 2023, the employer put in $1.10 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$259,984,342
Participants with balances2,012
Active participants1,610
Employer contributions$12,901,257
Employee contributions$11,731,411
Employer contribution per active participant$8,013
Average account balance$129,217
Benefits paid to participants$29,293,657
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$260.0M · 2,012 accts · $12.9M emplr
2022$229.5M · 1,994 accts · $12.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$127,054
Audit (IQPA)$103,623
Trustee / custodial$85,675
Total administrative$333,495
The Lhoist North America, Inc. 401(k) match · 2023
Employer contribution per active participant$8,013
Median for plans this size$3,659
2023$8,013 per active participant
2022$7,492 per active participant

Lhoist North America, Inc.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
T. ROWE PRICE RPS INC · Loan processing · Other services$133,516
CREATIVE PLANNING · Consulting$68,000
MORNINGSTAR · Investment advisory (participants)$17,675
QDRO CONSULTANTS · Consulting$1,200

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

Administrative cost history2
2023$333,495 · 0.14%
2022$312,896 · 0.13%
Same employer
Similar plansManufacturing · Texas
J B Poindexter & Co TX$275.3M · 0.22%
Shintech Incorporated TX$268.0M · 0.10%
Silicon Laboratories Inc. TX$265.2M · 0.07%
Livanova USA, Inc. TX$257.4M · 0.07%
Powell Industries, Inc. TX$252.3M · 0.03%
Range Resources Corporation TX$246.5M · 0.06%
Page Southerland Page, Inc TX$241.7M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752060363 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.