Plan Ledger DOL Form 5500 · updated monthly

Lindsey Manufacturing Co. dba Lindsey Systems401(k)

LINDSEY SYSTEMS 401(K) PLAN · AZUSA, CA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Lindsey Manufacturing Co. dba Lindsey Systems reported $21,236 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $543 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 0.17% to 0.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (7,049th of 9,483), and 11,278th of 13,661 in manufacturing. In 2024, employees put in $5.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,862,388
Participants with balances111
Active participants175
Employer contributions$95,055
Employee contributions$550,185
Employer contribution per active participant$543
Average account balance$43,805
Benefits paid to participants$257,430
Plan auditUnmodified (clean) audit opinion
AuditorLUCAS HORSFALL MURPHY & PINDROH
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 111 accts · $95K emplr
2023$4.1M · 126 accts · $79K emplr
2022$3.2M · 87 accts · $63K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,862
Audit (IQPA)$5,794
Total administrative$21,236
The Lindsey Manufacturing Co. dba Lindsey Systems 401(k) match · 2024
Employer contribution per active participant$543
Median for plans this size$1,313
2024$543 per active participant
2023$453 per active participant
2022$389 per active participant

Lindsey Manufacturing Co. dba Lindsey Systems's 2024 employer contribution ran below the $1,313 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
FIDELITY INVESTMENTS · Loan processing$7,863
NESA PLAN CONSULTANTS · Consulting$7,580
LUCAS HORSFALL MURPHY & PINDROH LLP · Accounting / audit$5,794
US BANCORP ADVISORS, LLCindirect 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$21,236 · 0.48%
2023$7,951 · 0.22%
2022$6,291 · 0.17%
Same employer
Similar plansManufacturing · California
A-1 Jays Machining Inc CA$4.9M · 0.71%
Arine Inc. CA$4.9M · 0.08%
Mission Bell Mfg, Inc. CA$4.9M · 1.12%
Merit Aluminum Inc. CA$4.8M · 0.06%
Seachrome Corporation CA$4.8M · 0.63%
Q'Apel Medical Inc. CA$4.8M · 0.43%
Pacific Paper Tube Inc CA$4.8M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952225040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.