Plan Ledger DOL Form 5500 · updated monthly

Lippert Components, Inc.401(k)

LIPPERT COMPONENTS, INC. EMPLOYEE RETIREMENT SAVINGS PLAN · ELKHART, IN · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Lippert Components, Inc. reported $688,164 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,184 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 3 years on file its reported administrative ratio has held roughly steady near 0.241%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 53rd-largest of 1,562 plans among Indiana employers on file, and the 840th of 13,661 in manufacturing. In 2024, employees put in $1.88 for every $1.00 the employer contributed; active participation has shrunk from 11,023 to 9,605 since 2022.

Plan summary
Net assets, end of year$304,319,526
Participants with balances5,189
Active participants9,605
Employer contributions$11,369,700
Employee contributions$21,336,138
Employer contribution per active participant$1,184
Average account balance$58,647
Benefits paid to participants$35,096,356
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$304.3M · 5,189 accts · $11.4M emplr
2023$267.1M · 5,815 accts · $11.4M emplr
2022$221.4M · 6,159 accts · $12.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$499,966
Investment management$188,198
Total administrative$688,164
The Lippert Components, Inc. 401(k) match · 2024
Employer contribution per active participant$1,184
Median for plans this size$4,294
2024$1,184 per active participant
2023$1,187 per active participant
2022$1,096 per active participant

Lippert Components, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$543,391
THURSTON SPRINGER · Contract administrator · Investment advisory (plan)$188,198
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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$688,164 · 0.24%
2023$577,757 · 0.24%
2022$562,421 · 0.24%
Similar plansManufacturing · Indiana
Allison Transmission, Inc. IN$395.8M · 0.02%
Kimball International, Inc. IN$394.6M · 0.09%
Nibco Inc. IN$363.7M · 0.04%
Wabash National Corp. IN$311.7M · 0.15%
Franklin Electric Company IN$279.9M · 0.10%
Irving Materials, Inc. IN$253.3M · 0.18%
Dormakaba USA Inc. IN$196.3M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251217067 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.