Plan Ledger DOL Form 5500 · updated monthly

Ljp Waste Solutions401(k)

LJP GROUP RETIREMENT PLAN · NORTH MANKATO, MN · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Ljp Waste Solutions reported $14,173 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $2,302 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 1 year on file its reported administrative ratio rose from 0.55% to 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Minnesota (1,714th of 1,918), and 1,737th of 2,534 in administrative & support services. In 2024, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,130,464
Participants with balances276
Active participants198
Employer contributions$455,890
Employee contributions$892,221
Employer contribution per active participant$2,302
Average account balance$11,342
Benefits paid to participants$276,276
Plan auditUnmodified (clean) audit opinion
AuditorCLIFFTONLARSENALLEN LLP
Plan history2
Yearassets · accounts · employer contribution
2024$3.1M · 276 accts · $456K emplr
2023$1.8M · 213 accts · $344K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,173
Total administrative$14,173
The Ljp Waste Solutions 401(k) match · 2024
Employer contribution per active participant$2,302
Median for plans this size$1,313
2024$2,302 per active participant
2023$1,766 per active participant

Ljp Waste Solutions's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$14,623

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Ljp Waste Solutions before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$14,173 · 0.58%
2023$9,714 · 0.55%
Same employer
Similar plansAdministrative & Support Services · Minnesota
Rural Minnesota Cep MN$5.8M · 0.50%
A.B.L.E., Inc. MN$4.5M · 0.59%
Janone, Inc. MN$2.5M · 0.15%
Corp IV Holdings, Inc. MN$2.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411737795 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.