Plan Ledger DOL Form 5500 · updated monthly

Lightnin' Production Rentals, Inc.401(k)

LIGHTNIN PRODUCTION RENTALS 401(K) PLAN · LAWRENCEVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Lightnin' Production Rentals, Inc. reported $31,682 in plan administrative expenses for 2024: 0.71% of average plan assets, above the peer median. Employer contributions averaged $1,889 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 fell from 0.86% to 0.71%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Georgia (1,637th of 2,160), and 1,538th of 2,096 in real estate & leasing. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has shrunk from 89 to 73 since 2022.

Plan summary
Net assets, end of year$4,807,708
Participants with balances83
Active participants73
Employer contributions$137,929
Employee contributions$284,651
Employer contribution per active participant$1,889
Average account balance$57,924
Benefits paid to participants$244,687
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 83 accts · $138K emplr
2023$4.1M · 122 accts · $164K emplr
2022$3.3M · 90 accts · $274K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,682
Total administrative$31,682
The Lightnin' Production Rentals, Inc. 401(k) match · 2024
Employer contribution per active participant$1,889
Median for plans this size$1,313
2024$1,889 per active participant
2023$2,183 per active participant
2022$3,080 per active participant

Lightnin' Production Rentals, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$29,673
TRUIST ADVISORY SERVICES, INC · Investment advisory (plan)indirect comp
MORNINGSTART INVESTMENT MANAGEMENT · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)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$31,682 · 0.71%
2023$25,698 · 0.70%
2022$30,047 · 0.86%
Similar plansReal Estate & Leasing · Georgia
Avila Real Estate, LLC GA$5.6M · 0.07%
Radco Residential, LLC GA$5.2M · 1.26%
Oxblue Corporation GA$4.9M · 0.80%
Metro Brokers, Inc. GA$4.7M · 0.81%
Stonemark Management, LLC GA$4.5M · 1.50%
Talon Management, LLC GA$4.2M · 0.99%
Novation Companies, Inc. GA$4.1M · 1.12%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 582535033 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.