Plan Ledger DOL Form 5500 · updated monthly

Lms Reinforcing Steel, USA, LP401(k)

LMS REINFORCING STEEL, USA, LP 401(K) PLAN · CORONA, CA · plan year 2022

Reported admin expense ratio · 2022
0.72%

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

Lms Reinforcing Steel, USA, LP reported $14,032 in plan administrative expenses for 2022: 0.72% of average plan assets, above the peer median. Employer contributions averaged $939 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (8,432nd of 9,483), and 4,911th of 5,337 in construction. In 2022, employees put in $1.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,718,718
Participants with balances95
Active participants133
Employer contributions$124,894
Employee contributions$184,425
Employer contribution per active participant$939
Average account balance$18,092
Benefits paid to participants$388,621
Plan auditUnmodified (clean) audit opinion
AuditorM. GREEN AND COMPANY LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$14,032
Total administrative$14,032
The Lms Reinforcing Steel, USA, LP 401(k) match · 2022
Employer contribution per active participant$939
Median for plans this size$1,114

Lms Reinforcing Steel, USA, LP's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$14,032 · 0.72%
Similar plansConstruction · California
Royal West Drywall, Inc. CA$1.8M · 1.34%
Plumbing Concepts, Inc. CA$1.8M · 1.11%
Core Contracting, Inc. CA$1.7M · 1.21%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 300895408 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.