Plan Ledger DOL Form 5500 · updated monthly

Linak U.S. Inc401(k)

LINAK U.S. INC. 401K RETIREMENT SAVINGS PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Linak U.S. Inc reported $85,018 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,094 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 0.48% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 243rd-largest of 871 plans among Kentucky employers on file, and the 1,519th of 4,246 in wholesale trade. In 2024, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,026,435
Participants with balances332
Active participants276
Employer contributions$578,071
Employee contributions$1,369,048
Employer contribution per active participant$2,094
Average account balance$78,393
Benefits paid to participants$1,564,989
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.0M · 332 accts · $578K emplr
2023$21.9M · 318 accts · $580K emplr
2022$17.8M · 342 accts · $610K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,686
Investment management$30,332
Total administrative$85,018
The Linak U.S. Inc 401(k) match · 2024
Employer contribution per active participant$2,094
Median for plans this size$2,416
2024$2,094 per active participant
2023$2,197 per active participant
2022$2,060 per active participant

Linak U.S. Inc'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 · 20243
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Participant communication$30,180
MCF ADVISORS LLC · Investment advisory (plan)$27,687

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$85,018 · 0.35%
2023$50,340 · 0.25%
2022$92,931 · 0.48%
Same employer
Similar plansWholesale Trade · Kentucky
Air Hydro Power, LLC. KY$43.3M · 0.01%
United Radio, Inc. KY$31.2M · 0.36%
Plumbers Supply Co. KY$23.6M · 0.49%
Used-Car-Parts.com, Inc. KY$17.9M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611265293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.