Plan Ledger DOL Form 5500 · updated monthly

Lhp, Inc401(k)

LHP, INC 401(K) PLAN · COLUMBUS, IN · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Lhp, Inc reported $13,888 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,214 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 fell from 0.12% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 468th-largest of 1,562 plans among Indiana employers on file, and the 4,581st of 11,654 in professional & technical services. In 2024, employees put in $4.39 for every $1.00 the employer contributed; active participation has shrunk from 514 to 457 since 2022.

Plan summary
Net assets, end of year$26,336,784
Participants with balances704
Active participants457
Employer contributions$554,720
Employee contributions$2,435,462
Employer contribution per active participant$1,214
Average account balance$37,410
Benefits paid to participants$2,799,747
Plan auditUnmodified (clean) audit opinion
AuditorBLUE & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$26.3M · 704 accts · $555K emplr
2023$22.0M · 635 accts · $580K emplr
2022$17.3M · 672 accts · $557K emplr
Administrative expenses, itemized · 2024
Investment management$7,788
Audit (IQPA)$3,000
Total administrative$13,888
The Lhp, Inc 401(k) match · 2024
Employer contribution per active participant$1,214
Median for plans this size$2,416
2024$1,214 per active participant
2023$1,398 per active participant
2022$1,084 per active participant

Lhp, Inc'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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,788
USI ADVISORS, INC · Consulting · Investment advisory (plan)$5,210
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$13,888 · 0.06%
2023$13,917 · 0.07%
2022$22,923 · 0.12%
Same employer
Similar plansProfessional & Technical Services · Indiana
Resultant, LLC IN$31.1M · 0.52%
Project Associates, Inc. IN$30.9M · 0.12%
Highpoint Digital, Inc. IN$30.3M · 0.34%
Walker Information, Inc. IN$30.1M · 0.15%
Capin Crouse LLP IN$26.2M · 0.18%
Schmidt Associates Inc. IN$26.2M · 0.39%
Servant HR, Inc. IN$25.0M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204225139 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.