Plan Ledger DOL Form 5500 · updated monthly

Lift Solutions Holdings, LLC401(k)

LIFT SOLUTIONS HOLDINGS, LLC 401(K) PROFIT SHARING · NEENAH, WI · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Lift Solutions Holdings, LLC reported $95,578 in plan administrative expenses for 2024: 0.81% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,986 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 fell from 1.16% to 0.81%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,023rd of 1,936), and 6,943rd of 13,661 in manufacturing. In 2024, employees put in $2.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,513,743
Participants with balances453
Active participants443
Employer contributions$879,878
Employee contributions$2,287,760
Employer contribution per active participant$1,986
Average account balance$34,247
Benefits paid to participants$2,210,552
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$15.5M · 453 accts · $880K emplr
2023$8.1M · 356 accts · $580K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,578
Total administrative$95,578
The Lift Solutions Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$1,986
Median for plans this size$2,416
2024$1,986 per active participant
2023$1,637 per active participant

Lift Solutions Holdings, LLC's 2024 employer contribution ran below 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
ALERUS FINANCIAL, NA · Recordkeeping · Trustee$89,878
GREERWALKER LLP · Accounting / audit$5,700

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history2
2024$95,578 · 0.81%
2023$64,204 · 1.16%
Same employer
Similar plansManufacturing · Wisconsin
Kcs International, Inc. WI$16.0M · 0.15%
Renewaire, LLC WI$15.7M · 0.33%
Spectrum Industries, Inc. WI$15.6M · 0.07%
Molded Dimensions, LLC WI$15.4M · 0.44%
Elkay Manufacturing Company WI$15.4M · 0.16%
Truvant WI$15.3M · 0.57%
Abbyland Foods, Inc. WI$15.2M · 0.53%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 872348206 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.