Plan Ledger DOL Form 5500 · updated monthly

Liebherr Mining & Construction401(k)

LIEBHERR-AMERICA INC. PENSION PLAN · NEWPORT NEWS, VA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Liebherr Mining & Construction reported $388,794 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $5,343 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 0.13% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 125th-largest of 2,266 plans among Virginia employers on file, and the 951st of 13,661 in manufacturing. In 2024, employees put in $1.49 for every $1.00 the employer contributed; active participation has grown from 1,354 to 1,731 since 2022.

Plan summary
Net assets, end of year$264,335,902
Participants with balances2,238
Active participants1,731
Employer contributions$9,249,412
Employee contributions$13,738,917
Employer contribution per active participant$5,343
Average account balance$118,113
Benefits paid to participants$15,230,517
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$264.3M · 2,238 accts · $9.2M emplr
2023$223.2M · 2,014 accts · $8.1M emplr
2022$181.5M · 1,793 accts · $6.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$291,039
Investment management$95,005
Total administrative$388,794
The Liebherr Mining & Construction 401(k) match · 2024
Employer contribution per active participant$5,343
Median for plans this size$3,635
2024$5,343 per active participant
2023$5,198 per active participant
2022$5,112 per active participant

Liebherr Mining & Construction's 2024 employer contribution ran above the $3,635 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 · 20245
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$58,114
LIEBHERR-AMERICA, INC$17,325
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$9,436
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)$9,286
CAPFINANCIAL PARTNERS 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$388,794 · 0.16%
2023$303,099 · 0.15%
2022$261,495 · 0.13%
Same employer
Similar plansManufacturing · Virginia
Carpenter Co. VA$348.4M · 0.05%
Alfa Laval Inc. VA$319.3M · 0.11%
Rolls-Royce Corporation VA$239.2M · 0.07%
Titan America LLC VA$236.3M · 0.12%
R.A Jones & Co. VA$213.9M · 0.11%
Indivior Inc. VA$207.3M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 540885749 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.