Plan Ledger DOL Form 5500 · updated monthly

Lomanco, Inc.401(k)

LOMANCO, INC. 401(K) EMPLOYEE RETIREMENT PLAN & TRUST · JACKSONVILLE, AR · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Lomanco, Inc. reported $111,964 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $4,797 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 0.30% to 0.28%. 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 95th-largest of 456 plans among Arkansas employers on file, and the 3,667th of 13,661 in manufacturing. In 2024, employees put in $1.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,213,861
Participants with balances305
Active participants274
Employer contributions$1,314,450
Employee contributions$1,502,055
Employer contribution per active participant$4,797
Average account balance$131,849
Benefits paid to participants$4,785,139
Plan auditUnmodified (clean) audit opinion
AuditorLANDMARK PLC, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$40.2M · 305 accts · $1.3M emplr
2023$39.3M · 283 accts · $1.2M emplr
2022$36.7M · 292 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Investment management$38,770
Total administrative$111,964
The Lomanco, Inc. 401(k) match · 2024
Employer contribution per active participant$4,797
Median for plans this size$2,416
2024$4,797 per active participant
2023$4,928 per active participant
2022$4,373 per active participant

Lomanco, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20245
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$73,194
GALLAGHER FIDUCIARY ADVISORS, LLC · Consulting$30,018
FIRST HORIZON ADVISORS INC · Consulting$7,997
CHARLES SCHWAB & CO., INC. · Securities brokerage$755
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect 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
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$111,964 · 0.28%
2023$109,181 · 0.29%
2022$113,270 · 0.30%
Same employer
Similar plansManufacturing · Arkansas
Pace Industries LLC AR$57.0M · 0.35%
O.K. Foods, Inc. AR$42.4M · 0.31%
Packaging Specialties, Inc. AR$31.3M · 0.50%
Radius Aerospace, Inc. AR$29.5M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410839410 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.