Plan Ledger DOL Form 5500 · updated monthly

Lighthouse Resources Inc.401(k)

LHR RETIREMENT PLAN · SOUTH JORDAN, UT · plan year 2023

Reported admin expense ratio · 2023
0.38%

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

Lighthouse Resources Inc. reported $90,844 in plan administrative expenses for 2023: 0.38% of average plan assets, above the peer median. Employer contributions averaged $4,643 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 0.415%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 250th-largest of 848 plans among Utah employers on file, and the 272nd of 612 in mining, oil & gas extraction. In 2023, employees put in $2.09 for every $1.00 the employer contributed; active participation has shrunk from 147 to 120 since 2022.

Plan summary
Net assets, end of year$25,175,971
Participants with balances188
Active participants120
Employer contributions$557,132
Employee contributions$1,165,134
Employer contribution per active participant$4,643
Average account balance$133,915
Benefits paid to participants$2,911,789
Plan auditUnmodified (clean) audit opinion
AuditorWSRP, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$24.2M · 191 accts · $341K emplr
2023$25.2M · 188 accts · $557K emplr
2022$22.6M · 154 accts · $546K emplr
Administrative expenses, itemized · 2023
Investment management$90,844
Total administrative$90,844
The Lighthouse Resources Inc. 401(k) match · 2023
Employer contribution per active participant$4,643
Median for plans this size$2,440
2024$5,408 per active participant
2023$4,643 per active participant
2022$3,715 per active participant

Lighthouse Resources Inc.'s 2023 employer contribution ran above the $2,440 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 · 20233
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$28,008
UNITED 401(K) PLANS, INC. · Recordkeeping · Loan processing$6,513
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$37,886

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

Recordkeeper by year2
2024Transamerica, UNITED 401(K) PLANS, INC.
2023Transamerica, UNITED 401(K) PLANS, INC.

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

Administrative cost history3
2024$102,474 · 0.41%
2023$90,844 · 0.38%
2022$104,732 · 0.41%
Similar plansMining, Oil & Gas Extraction · Utah
U.S. Borax Inc. UT$76.2M · 0.05%
Cementation USA, Inc. UT$38.8M · 0.62%
Redmond, Inc. UT$27.9M · 0.31%
Blue Mountain Energy, Inc. UT$16.1M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273184713 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.