Plan Ledger DOL Form 5500 · updated monthly

Ljb Inc.401(k)

LJB INC. EMPLOYEE RETIREMENT PLAN · MIAMISBURG, OH · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Ljb Inc. reported $51,367 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,487 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 0.11% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 679th-largest of 3,295 plans among Ohio employers on file, and the 2,853rd of 11,654 in professional & technical services. In 2024, employees put in $3.38 for every $1.00 the employer contributed; active participation has grown from 181 to 295 since 2022.

Plan summary
Net assets, end of year$47,922,626
Participants with balances256
Active participants295
Employer contributions$733,565
Employee contributions$2,479,790
Employer contribution per active participant$2,487
Average account balance$187,198
Benefits paid to participants$6,151,224
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS MAZARES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$47.9M · 256 accts · $734K emplr
2023$38.2M · 179 accts · $498K emplr
2022$32.8M · 158 accts · $186K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,313
Total administrative$51,367
The Ljb Inc. 401(k) match · 2024
Employer contribution per active participant$2,487
Median for plans this size$2,416
2024$2,487 per active participant
2023$2,514 per active participant
2022$1,025 per active participant

Ljb 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$43,278
PRIVATE ADVISOR GROUP LLC · Investment advisory (participants)$7,874

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$51,367 · 0.12%
2023$47,995 · 0.14%
2022$36,964 · 0.11%
All plans at this employer2
LJB INC. SAVINGS PLAN401(k)
LJB INC. EMPLOYEE RETIREMENT PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · Ohio
Zin Technologies, Inc. OH$49.3M · 0.15%
Cincom Systems, Inc. OH$48.7M · 0.02%
Ms Consultants, Inc. OH$44.2M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311120919 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.