Plan Ledger DOL Form 5500 · updated monthly

Lindstrom, LLC401(k)

STAR STAINLESS SCREW CO. SAVINGS AND INVESTMENT PLAN · BLAINE, MN · plan year 2022

Reported admin expense ratio · 2022
0.29%

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

Lindstrom, LLC reported $97,363 in plan administrative expenses for 2022: 0.29% of average plan assets, above the peer median. Employer contributions averaged $2,694 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is the 631st-largest of 1,918 plans among Minnesota employers on file, and the 1,208th of 4,246 in wholesale trade. In 2022, the employer put in $1.09 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$34,019,321
Participants with balances399
Active participants861
Employer contributions$2,319,700
Employee contributions$2,120,234
Employer contribution per active participant$2,694
Average account balance$85,261
Benefits paid to participants$4,947,139
Plan auditUnmodified (clean) audit opinion
AuditorBOECKERMANN GRAFSTROM & MAYER, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$97,363
Total administrative$97,363
The Lindstrom, LLC 401(k) match · 2022
Employer contribution per active participant$2,694
Median for plans this size$2,266

Lindstrom, LLC's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$97,363 · 0.29%
Same employer
Similar plansWholesale Trade · Minnesota
Nuss Truck Group Inc. MN$47.0M · 0.31%
Decopac, Inc. MN$36.7M · 0.28%
John Henry Foster Mn, Inc. MN$34.7M · 0.33%
Uhl Company, Inc. MN$32.6M · 0.21%
Power/Mation Division, Inc. MN$32.5M · 0.01%
Katun Corporation MN$32.2M · 0.16%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 221474934 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.