Plan Ledger DOL Form 5500 · updated monthly

Lionheart Industrial Group, LLC401(k)

LIONHEART INDUSTRIAL GROUP LLC 401(K) PLAN · NEWTOWN, PA · plan year 2022

Reported admin expense ratio · 2022
0.93%

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

Lionheart Industrial Group, LLC reported $105,568 in plan administrative expenses for 2022: 0.93% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,941 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 manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,314th of 3,651), and 8,930th of 13,661 in manufacturing. In 2022, employees put in $1.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,721,395
Participants with balances221
Active participants181
Employer contributions$532,353
Employee contributions$729,868
Employer contribution per active participant$2,941
Average account balance$43,988
Benefits paid to participants$2,084,790
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $285K emplr
2022$9.7M · 221 accts · $532K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$105,568
Total administrative$105,568
The Lionheart Industrial Group, LLC 401(k) match · 2022
Employer contribution per active participant$2,941
Median for plans this size$2,266

Lionheart Industrial Group, 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 history2
2023Not separately reported
2022$105,568 · 0.93%
Same employer
Similar plansManufacturing · Pennsylvania
Wound Care Concepts LLC PA$9.8M · 0.65%
Penn Emblem Company PA$9.8M · 0.27%
Rebco, Inc. PA$9.6M · 0.60%
Premier Pan Company PA$9.6M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 300873984 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.