Plan Ledger DOL Form 5500 · updated monthly

Lmc Industries Inc.401(k)

LMC INDUSTRIES INC. RETIREMENT PLAN · ARNOLD, MO · plan year 2022

Reported admin expense ratio · 2022
0.11%

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

Lmc Industries Inc. reported $6,362 in plan administrative expenses for 2022: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $348 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 0.11% to 0.15%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Missouri (1,087th of 1,393), and 11,226th of 13,661 in manufacturing. In 2022, employees put in $4.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,958,937
Participants with balances108
Active participants156
Employer contributions$54,262
Employee contributions$237,428
Employer contribution per active participant$348
Average account balance$45,916
Benefits paid to participants$462,783
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS LLP
Plan history2
Yearassets · accounts · employer contribution
2023$4.9M · 98 accts · $61K emplr
2022$5.0M · 108 accts · $54K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$994
Investment management$5,368
Total administrative$6,362
The Lmc Industries Inc. 401(k) match · 2022
Employer contribution per active participant$348
Median for plans this size$1,114
2023$406 per active participant
2022$348 per active participant

Lmc Industries Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$7,415 · 0.15%
2022$6,362 · 0.11%
Same employer
Similar plansManufacturing · Missouri
Manac Trailers USA, Inc. MO$4.8M · 0.59%
Edge Manufacturing Inc MO$4.7M · 0.11%
Aurora Technologies, Inc. MO$4.6M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430630585 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.