Plan Ledger DOL Form 5500 · updated monthly

Lmt Onsrud LP401(k)

LMT ONSRUD LP RETIREMENT SAVINGS PLAN · WAUKEGAN, IL · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Lmt Onsrud LP reported $85,056 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $3,087 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 rose from 0.39% to 0.43%. 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 1,675th-largest of 3,702 plans among Illinois employers on file, and the 5,855th of 13,661 in manufacturing. In 2024, employees put in $2.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,422,334
Participants with balances175
Active participants140
Employer contributions$432,173
Employee contributions$1,075,321
Employer contribution per active participant$3,087
Average account balance$116,699
Benefits paid to participants$2,116,441
Plan auditUnmodified (clean) audit opinion
AuditorROEDL LANGFORD DE KOCK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.4M · 175 accts · $432K emplr
2023$19.0M · 177 accts · $547K emplr
2022$16.8M · 172 accts · $654K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,228
Investment management$39,616
Trustee / custodial$212
Total administrative$85,056
The Lmt Onsrud LP 401(k) match · 2024
Employer contribution per active participant$3,087
Median for plans this size$2,416
2024$3,087 per active participant
2023$3,934 per active participant
2022$4,989 per active participant

Lmt Onsrud LP's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ALLIANCE PENSION CONSULTANTS · Recordkeeping$45,228
INTELLICENTS INVESTMENT SOLUTIONS · Investment advisory (plan)$39,616

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

Recordkeeper by year2
2024ALLIANCE PENSION CONSULTANTS
2023ALLIANCE PENSION CONSULTANTS

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Administrative cost history3
2024$85,056 · 0.43%
2023$65,779 · 0.37%
2022$70,425 · 0.39%
Same employer
Similar plansManufacturing · Illinois
Paxxus, Inc. IL$20.9M · 0.26%
V & V Supremo Foods, Inc. IL$20.3M · 0.10%
Tersera Therapeutics LLC IL$20.2M · 0.09%
Specialty Promotions, Inc. IL$20.2M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522136091 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.