Plan Ledger DOL Form 5500 · updated monthly

Lincoln Holding Company, LLC401(k)

LINCOLN AND TEAM LOGISTICS RETIREMENT PLAN · GREENVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Lincoln Holding Company, LLC reported $3,097 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,459 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 0.070%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in South Carolina (566th of 807), and 1,634th of 2,677 in transportation & warehousing. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 140 to 158 since 2022.

Plan summary
Net assets, end of year$5,009,157
Participants with balances120
Active participants158
Employer contributions$388,487
Employee contributions$693,454
Employer contribution per active participant$2,459
Average account balance$41,743
Benefits paid to participants$617,238
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 120 accts · $388K emplr
2023$3.8M · 53 accts · $338K emplr
2022$2.6M · 100 accts · $355K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,852
Trustee / custodial$1,245
Total administrative$3,097
The Lincoln Holding Company, LLC 401(k) match · 2024
Employer contribution per active participant$2,459
Median for plans this size$1,313
2024$2,459 per active participant
2023$3,190 per active participant
2022$2,536 per active participant

Lincoln Holding Company, LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
MATRIX TRUST COMPANY · Custodial (securities) · Loan processing$1,245

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$3,097 · 0.07%
2023$3,402 · 0.11%
2022$1,834 · 0.07%
Same employer
Similar plansTransportation & Warehousing · South Carolina
Bgi, LLC SC$6.4M · 0.71%
Ats Logistics, Inc. SC$3.0M · 0.70%
Harbor Logistics LLC SC$2.7M · 0.18%
Ards SC$1.6M · 1.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811211038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.