Plan Ledger DOL Form 5500 · updated monthly

Limolink, Inc.401(k)

LIMOLINK, INC. 401(K) PLAN · MARION, IA · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Limolink, Inc. reported $68,782 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $1,015 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 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Iowa (571st of 878), and the 989th of 2,534 in administrative & support services. In 2024, employees put in $4.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,282,047
Participants with balances158
Active participants149
Employer contributions$151,212
Employee contributions$694,892
Employer contribution per active participant$1,015
Average account balance$65,076
Benefits paid to participants$561,068
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 158 accts · $151K emplr
2023$8.5M · 158 accts · $147K emplr
2022$6.5M · 156 accts · $136K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,530
Investment management$23,858
Total administrative$68,782
The Limolink, Inc. 401(k) match · 2024
Employer contribution per active participant$1,015
Median for plans this size$1,313
2024$1,015 per active participant
2023$944 per active participant
2022$877 per active participant

Limolink, Inc.'s 2024 employer contribution ran below 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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$3,262
MERRILL LYNCH · Investment advisory (participants)$23,858
QUALIFIED PLAN CONSULTANTS, LLC · Pension consulting$4,394

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$68,782 · 0.73%
2023$59,470 · 0.79%
2022$50,124 · 0.72%
Same employer
Similar plansAdministrative & Support Services · Iowa
Connectify HR LLC IA$84.4M · 0.59%
Abbe, Inc IA$16.9M · 0.53%
Cbe Companies, Inc. IA$16.0M · 0.53%
Mail Services, LLC IA$8.2M · 0.75%
R.J. Personnel, Inc. IA$4.1M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421472863 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.