Plan Ledger DOL Form 5500 · updated monthly

Lobar, Inc.401(k)

LOBAR RETIREMENT PLAN · DILLSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Lobar, Inc. reported $100,993 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,537 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 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,241st-largest of 3,651 plans among Pennsylvania employers on file, and the 1,594th of 5,337 in construction. In 2024, employees put in $4.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,184,102
Participants with balances273
Active participants254
Employer contributions$390,285
Employee contributions$1,936,072
Employer contribution per active participant$1,537
Average account balance$103,238
Benefits paid to participants$3,348,192
Plan auditUnmodified (clean) audit opinion
AuditorMARTIN M. SACKS & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$28.2M · 273 accts · $390K emplr
2023$25.9M · 269 accts · $360K emplr
2022$21.8M · 257 accts · $335K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,993
Total administrative$100,993
The Lobar, Inc. 401(k) match · 2024
Employer contribution per active participant$1,537
Median for plans this size$2,416
2024$1,537 per active participant
2023$1,430 per active participant
2022$1,379 per active participant

Lobar, Inc.'s 2024 employer contribution ran below 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
PA RETIREMENT SOLUTIONS, INC. · Recordkeeping$2,800
LINCOLN RETIREMENT SERVICES · Contract administrator$98,193

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

Recordkeeper by year2
2024PA RETIREMENT SOLUTIONS, INC.
2023PA RETIREMENT SOLUTIONS, INC.

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

Administrative cost history3
2024$100,993 · 0.37%
2023$86,207 · 0.36%
2022$90,015 · 0.39%
Same employer
Similar plansConstruction · Pennsylvania
Ecigroup PA$29.9M · 0.35%
Schlouch Incorporated PA$29.2M · 0.09%
Reh Holdings, Inc. PA$28.5M · 0.25%
Fine Line Homes, Inc. PA$27.9M · 0.03%
Stewart & Tate, Inc. PA$27.9M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231688154 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.