Plan Ledger DOL Form 5500 · updated monthly

Lm Wind Power Blades (USA) Inc.401(k)

LM WIND POWER BLADES INC 401(K) RETIREMENT PLAN · GRAND FORKS, ND · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Lm Wind Power Blades (USA) Inc. reported $17,381 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,293 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 0.14% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 111th-largest of 279 plans among North Dakota employers on file, and the 5,698th of 13,661 in manufacturing. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,279,471
Participants with balances497
Active participants538
Employer contributions$695,801
Employee contributions$1,308,570
Employer contribution per active participant$1,293
Average account balance$42,816
Benefits paid to participants$4,548,627
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.3M · 497 accts · $696K emplr
2023$21.1M · 500 accts · $615K emplr
2022$18.9M · 492 accts · $689K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,381
Total administrative$17,381
The Lm Wind Power Blades (USA) Inc. 401(k) match · 2024
Employer contribution per active participant$1,293
Median for plans this size$2,416
2024$1,293 per active participant
2023$1,000 per active participant
2022$1,234 per active participant

Lm Wind Power Blades (USA) Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
ASCENSUS LLC · Recordkeeping$17,381

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$17,381 · 0.08%
2023$18,512 · 0.09%
2022$29,466 · 0.14%
Same employer
Similar plansManufacturing · North Dakota
Baker Boy, Inc. ND$23.1M · 0.20%
Newman Signs, Inc. ND$21.6M · 0.24%
Ideal Aerosmith, Inc. ND$21.0M · 0.32%
Red River Commodities, Inc. ND$20.7M · 0.27%
Dacotah Paper Company ND$19.5M · 0.38%
Korber Pharma, Inc. ND$18.6M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272183494 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.