Plan Ledger DOL Form 5500 · updated monthly

Lochmueller Group, Inc.401(k)

LOCHMUELLER GROUP, INC. 401(K) SAVINGS PLAN · EVANSVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Lochmueller Group, Inc. reported $88,980 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $3,985 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 fell from 0.25% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 298th-largest of 1,562 plans among Indiana employers on file, and the 2,811th of 11,654 in professional & technical services. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 284 to 410 since 2022.

Plan summary
Net assets, end of year$48,928,715
Participants with balances452
Active participants410
Employer contributions$1,633,917
Employee contributions$3,539,189
Employer contribution per active participant$3,985
Average account balance$108,249
Benefits paid to participants$3,354,374
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.9M · 452 accts · $1.6M emplr
2023$39.9M · 387 accts · $1.4M emplr
2022$31.5M · 334 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,980
Investment management$38,000
Total administrative$88,980
The Lochmueller Group, Inc. 401(k) match · 2024
Employer contribution per active participant$3,985
Median for plans this size$2,416
2024$3,985 per active participant
2023$4,117 per active participant
2022$3,980 per active participant

Lochmueller Group, Inc.'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 · 20243
ONEAMERICA RETIREMENT SERVICES · Recordkeeping · Loan processing$50,980
GERMAN AMERICAN FINANCIAL & TRUST · Investment advisory (plan)$38,000
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$88,980 · 0.20%
2023$112,105 · 0.31%
2022$82,663 · 0.25%
All plans at this employer2
LOCHMUELLER GROUP, INC. 401(K) SAVINGS PLAN401(k)
LOCHMUELLER GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Somerset Cpas, P.C. IN$53.5M · 0.01%
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Verista, Inc. IN$39.2M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351455938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.