Plan Ledger DOL Form 5500 · updated monthly

Linear Motion LLC401(k)

LINEAR MOTION UNION 401(K) PLAN · SAGINAW, MI · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Linear Motion LLC reported $7,188 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,509 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 6 years on file its reported administrative ratio rose from 0.07% to 0.09%. 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 Michigan (1,631st of 2,619), and 9,339th of 13,661 in manufacturing. In 2024, employees put in $1.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,744,046
Participants with balances148
Active participants102
Employer contributions$459,871
Employee contributions$492,985
Employer contribution per active participant$4,509
Average account balance$59,081
Benefits paid to participants$1,104,431
Plan auditUnmodified (clean) audit opinion
AuditorSMITH BUNDAY BERMAN BRITTON PS
Plan history6
Yearassets · accounts · employer contribution
2024$8.7M · 148 accts · $460K emplr
2023$7.8M · 156 accts · $264K emplr
2022$6.2M · 130 accts · $237K emplr
2020$6.5M · 110 accts · $294K emplr
2019$5.3M · 116 accts · $383K emplr
2018$3.6M · 114 accts · $383K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,188
Total administrative$7,188
The Linear Motion LLC 401(k) match · 2024
Employer contribution per active participant$4,509
Median for plans this size$1,313
2024$4,509 per active participant
2023$2,807 per active participant
2022$2,751 per active participant
2020$3,340 per active participant
2019$4,076 per active participant

Linear Motion 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.

Administrative cost history6
2024$7,188 · 0.09%
2023$5,859 · 0.08%
2022$5,561 · 0.08%
2020$3,647 · 0.06%
2019$6,564 · 0.15%
2018$2,567 · 0.07%
Same employer
Similar plansManufacturing · Michigan
Carcoustics USA, Inc MI$8.8M · 0.54%
Cht USA Inc. MI$8.8M · 0.61%
Skyway Precision Inc. MI$8.7M · 0.40%
Bayloff Stamped Products MI$8.7M · 0.47%
Linn Products, Inc. MI$8.7M · 0.42%
Chemico LLC MI$8.6M · 0.54%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 050530446 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.