Plan Ledger DOL Form 5500 · updated monthly

Lmi Aerospace, Inc.401(k)

LMI AEROSPACE, INC. PROFIT SHARING AND SAVINGS PLAN AND TRUST · ST CHARLES, MO · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Lmi Aerospace, Inc. reported $221,984 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $986 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 3 years on file its reported administrative ratio has held roughly steady near 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 206th-largest of 1,393 plans among Missouri employers on file, and the 2,061st of 13,661 in manufacturing. In 2024, employees put in $3.86 for every $1.00 the employer contributed; active participation has shrunk from 1,363 to 1,218 since 2022.

Plan summary
Net assets, end of year$89,194,913
Participants with balances1,729
Active participants1,218
Employer contributions$1,200,929
Employee contributions$4,635,278
Employer contribution per active participant$986
Average account balance$51,588
Benefits paid to participants$11,385,827
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$89.2M · 1,729 accts · $1.2M emplr
2023$83.9M · 1,786 accts · $1.3M emplr
2022$74.4M · 1,852 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$169,349
Investment management$52,635
Total administrative$221,984
The Lmi Aerospace, Inc. 401(k) match · 2024
Employer contribution per active participant$986
Median for plans this size$3,635
2024$986 per active participant
2023$1,053 per active participant
2022$952 per active participant

Lmi Aerospace, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$138,227
FIDUCIARY ADVISORS, INC · Investment management$44,000
FORVIS MAZARS, LLP · Accounting / audit$19,635

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$221,984 · 0.26%
2023$172,376 · 0.22%
2022$206,767 · 0.25%
Same employer
Similar plansManufacturing · Missouri
Sunnen Products Company MO$98.1M · 0.15%
Multivac, Inc. MO$92.3M · 0.04%
Novus International, Inc. MO$88.9M · 0.07%
Ammega US Inc MO$87.5M · 0.28%
Emprise Group, Inc. MO$85.4M · 0.15%
Curium US LLC MO$85.1M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431309065 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.