Plan Ledger DOL Form 5500 · updated monthly

Lincoln Industries, Inc.401(k)

LINCOLN INDUSTRIES 401(K) RETIREMENT SAVINGS PLAN · LINCOLN, NE · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Lincoln Industries, Inc. reported $297,176 in plan administrative expenses for 2024: 0.44% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,569 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 0.31% to 0.44%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 93rd-largest of 565 plans among Nebraska employers on file, and the 2,410th of 13,661 in manufacturing. In 2024, employees put in $3.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$72,144,101
Participants with balances819
Active participants652
Employer contributions$1,023,002
Employee contributions$3,862,539
Employer contribution per active participant$1,569
Average account balance$88,088
Benefits paid to participants$6,618,144
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$72.1M · 819 accts · $1.0M emplr
2023$64.0M · 877 accts · $1.1M emplr
2022$52.8M · 894 accts · $946K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,013
Investment management$12,344
Audit (IQPA)$18,191
Total administrative$297,176
The Lincoln Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,569
Median for plans this size$3,635
2024$1,569 per active participant
2023$1,616 per active participant
2022$1,400 per active participant

Lincoln Industries, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
CAPFINANCIAL PARTNERS, LLC · Consulting · Investment advisory (plan)$188,629
FORVIS · Accounting / audit$18,191
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,344

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$297,176 · 0.44%
2023$372,880 · 0.64%
2022$180,573 · 0.31%
Same employer
Similar plansManufacturing · Nebraska
Airlite Plastics Co. NE$80.8M · 0.32%
Behlen Mfg. Co. NE$79.3M · 0.20%
Li-Cor, Inc. NE$71.9M · 0.11%
Streck LLC NE$71.4M · 0.22%
Drake-Williams Steel, Inc. NE$66.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470689900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.