Plan Ledger DOL Form 5500 · updated monthly

Lighting Retrofit International,Llc401(k)

LIGHTING RETROFIT INTERNATIONAL, LLC 401(K) PROFIT SHARING PLAN · GAMBRILLS, MD · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Lighting Retrofit International,Llc reported $67,620 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,017 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 0.54% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Maryland (934th of 1,671), and 2,921st of 5,337 in construction. In 2024, employees put in $3.00 for every $1.00 the employer contributed; active participation has grown from 241 to 277 since 2022.

Plan summary
Net assets, end of year$11,312,568
Participants with balances138
Active participants277
Employer contributions$281,643
Employee contributions$846,153
Employer contribution per active participant$1,017
Average account balance$81,975
Benefits paid to participants$1,318,826
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 138 accts · $282K emplr
2023$10.2M · 134 accts · $389K emplr
2022$8.9M · 132 accts · $381K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,620
Total administrative$67,620
The Lighting Retrofit International,Llc 401(k) match · 2024
Employer contribution per active participant$1,017
Median for plans this size$2,416
2024$1,017 per active participant
2023$1,530 per active participant
2022$1,581 per active participant

Lighting Retrofit International,Llc'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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$53,378
THE MANDMARBLESTONE GROUP LLC · Contract administrator · Other services$14,760
LPL FINANCIAL LLC - RPCP · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)indirect 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$67,620 · 0.63%
2023$56,502 · 0.59%
2022$52,500 · 0.54%
All plans at this employer2
LIGHTING RETROFIT INTERNATIONAL, LLC 401(K) PROFIT SHARING PLAN401(k)
LIGHTING RETROFIT INTERNATIONAL,LLC PREVAILING WAGE PLANProfit-sharing plan
Similar plansConstruction · Maryland
Cole Roofing Co., Inc. MD$12.1M · 0.37%
C. William Hetzer, Inc. MD$11.6M · 0.38%
Tricon Construction, Inc. MD$11.3M · 0.00%
M. T. Laney Company, Inc. MD$11.2M · 0.49%
W.M. Schlosser Co., Inc. MD$10.9M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800501760 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.