Plan Ledger DOL Form 5500 · updated monthly

Lion Nathan USA, Inc.401(k)

LION NATHAN USA, INC. 401(K) RETIREMENT PLAN · OVERLAND PARK, KS · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Lion Nathan USA, Inc. reported $96,426 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,157 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 fell from 0.90% to 0.68%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 378th-largest of 828 plans among Kansas employers on file, and 7,055th of 13,661 in manufacturing. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has shrunk from 209 to 170 since 2022.

Plan summary
Net assets, end of year$15,115,592
Participants with balances184
Active participants170
Employer contributions$536,731
Employee contributions$1,100,077
Employer contribution per active participant$3,157
Average account balance$82,150
Benefits paid to participants$1,386,227
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.1M · 184 accts · $537K emplr
2023$13.4M · 186 accts · $503K emplr
2022$10.9M · 181 accts · $471K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,225
Investment management$43,201
Total administrative$96,426
The Lion Nathan USA, Inc. 401(k) match · 2024
Employer contribution per active participant$3,157
Median for plans this size$2,416
2024$3,157 per active participant
2023$2,374 per active participant
2022$2,251 per active participant

Lion Nathan USA, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$53,225
CREATIVE PLANNING INC · Contract administrator · Investment advisory (plan)$43,201

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$96,426 · 0.68%
2023$82,905 · 0.68%
2022$104,751 · 0.90%
Same employer
Similar plansManufacturing · Kansas
Wescon Controls, LLC KS$15.5M · 0.61%
Vektek Employer, LLC KS$15.4M · 0.34%
Patco Products, LLC. KS$15.2M · 0.32%
D-J Engineering, Inc. KS$14.4M · 0.28%
Universal Engraving, Inc. KS$14.4M · 0.36%
Hm Dunn Aerosystems, Inc KS$13.7M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931290792 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.