Plan Ledger DOL Form 5500 · updated monthly

Lids Holdings Inc.401(k)

LIDS 401(K) SALARY DEFERRAL PLAN · ZIONSVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
1.07%

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

Lids Holdings Inc. reported $133,396 in plan administrative expenses for 2024: 1.07% of average plan assets, higher than ~90% of peers. Employer contributions averaged $840 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 3 years on file its reported administrative ratio has held roughly steady near 1.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 734th-largest of 1,562 plans among Indiana employers on file, and the 1,953rd of 5,215 in retail trade. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has shrunk from 4,422 to 1,527 since 2022.

Plan summary
Net assets, end of year$14,518,841
Participants with balances713
Active participants1,527
Employer contributions$1,282,519
Employee contributions$2,441,866
Employer contribution per active participant$840
Average account balance$20,363
Benefits paid to participants$1,333,726
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.5M · 713 accts · $1.3M emplr
2023$10.4M · 590 accts · $1.1M emplr
2022$5.6M · 419 accts · $270K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,267
Investment management$61,129
Total administrative$133,396
The Lids Holdings Inc. 401(k) match · 2024
Employer contribution per active participant$840
Median for plans this size$2,416
2024$840 per active participant
2023$291 per active participant
2022$61 per active participant

Lids Holdings 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$72,268
BRIGHTON JONES LLC · Investment advisory (plan)$61,129

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$133,396 · 1.07%
2023$86,597 · 1.09%
2022$58,628 · 1.10%
Same employer
Similar plansRetail Trade · Indiana
O'Daniel Automotive, Inc. IN$16.0M · 0.50%
Glenbrook Dodge, Inc. IN$15.7M · 0.38%
Romain Buick, Inc. IN$14.8M · 0.77%
Basney Imports, Inc. IN$14.2M · 0.06%
Aaag Holdings, Inc. IN$14.1M · 0.13%
Nc, Inc. IN$13.6M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833165318 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.