Plan Ledger DOL Form 5500 · updated monthly

Lithko Contracting, LLC401(k)

BUILDING YOUR BENEFITS RETIREMENT SAVINGS PLAN · WEST CHESTER, OH · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Lithko Contracting, LLC reported $201,351 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $859 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 0.52% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 422nd-largest of 3,295 plans among Ohio employers on file, and the 697th of 5,337 in construction. In 2024, employees put in $2.15 for every $1.00 the employer contributed; active participation has grown from 2,652 to 3,841 since 2022.

Plan summary
Net assets, end of year$86,152,432
Participants with balances1,355
Active participants3,841
Employer contributions$3,300,392
Employee contributions$7,088,349
Employer contribution per active participant$859
Average account balance$63,581
Benefits paid to participants$4,514,289
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$86.2M · 1,355 accts · $3.3M emplr
2023$68.9M · 1,324 accts · $2.9M emplr
2022$51.5M · 1,324 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$121,839
Investment management$79,512
Total administrative$201,351
The Lithko Contracting, LLC 401(k) match · 2024
Employer contribution per active participant$859
Median for plans this size$3,635
2024$859 per active participant
2023$621 per active participant
2022$992 per active participant

Lithko Contracting, LLC's 2024 employer contribution ran below the $3,635 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
JOHN HANCOCK RETIREMENT PLAN SRVCS · Recordkeeping · Loan processing$140,100
GLOBAL RETIREMENT PARTNERS · Consulting$43,750
PLANTE & MORAN, PLLC · Investment advisory (plan)$17,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$201,351 · 0.26%
2023$276,573 · 0.46%
2022$276,286 · 0.52%
Same employer
Similar plansConstruction · Ohio
Airtron LLC OH$87.7M · 0.00%
Vaughn Industries, LLC OH$87.5M · 0.28%
Shelly & Sands, Inc. OH$86.9M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431214734 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.