Plan Ledger DOL Form 5500 · updated monthly

Littfin Lumber Company401(k)

LITTFIN LUMBER COMPANY 401(K) PROFIT SHARING PLAN · WINSTED, MN · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Littfin Lumber Company reported $56,271 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,872 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 rose from 0.24% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 953rd-largest of 1,918 plans among Minnesota employers on file, and the 1,615th of 5,215 in retail trade. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,055,161
Participants with balances209
Active participants189
Employer contributions$353,819
Employee contributions$719,770
Employer contribution per active participant$1,872
Average account balance$86,388
Benefits paid to participants$3,009,168
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.1M · 209 accts · $354K emplr
2023$17.8M · 197 accts · $336K emplr
2022$15.8M · 214 accts · $617K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,571
Audit (IQPA)$12,700
Total administrative$56,271
The Littfin Lumber Company 401(k) match · 2024
Employer contribution per active participant$1,872
Median for plans this size$2,416
2024$1,872 per active participant
2023$1,854 per active participant
2022$3,198 per active participant

Littfin Lumber Company's 2024 employer contribution ran below 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$43,570
BOYUM & BARENSCHEER PLLP · Accounting / audit$12,700
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)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$56,271 · 0.31%
2023$38,876 · 0.23%
2022$45,760 · 0.24%
Same employer
Similar plansRetail Trade · Minnesota
Schuler Shoes, Inc. MN$18.8M · 0.57%
Innovative Office Solutions MN$18.7M · 0.33%
Stein Industries, Inc. MN$18.5M · 0.33%
Mackin Book Company MN$18.0M · 0.30%
Trafera, LLC MN$17.4M · 0.65%
Jim Lupient Company MN$17.3M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410918487 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.