Plan Ledger DOL Form 5500 · updated monthly

Low Temp Industries, Inc.401(k)

LOW TEMP INDUSTRIES, INC. SAVINGS AND PROFIT SHARING PLAN · JONESBORO, GA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Low Temp Industries, Inc. reported $54,598 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $679 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 0.52%. 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 among the smaller plans on file in Georgia (1,191st of 2,160), and 8,403rd of 13,661 in manufacturing. In 2024, employees put in $6.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,901,840
Participants with balances156
Active participants144
Employer contributions$97,755
Employee contributions$604,834
Employer contribution per active participant$679
Average account balance$69,884
Benefits paid to participants$811,329
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 156 accts · $98K emplr
2023$10.0M · 163 accts · $102K emplr
2022$9.5M · 154 accts · $90K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,898
Investment management$30,700
Total administrative$54,598
The Low Temp Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$679
Median for plans this size$2,416
2024$679 per active participant
2023$725 per active participant
2022$675 per active participant

Low Temp Industries, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
CREATIVE PLANNING, LLC · Investment advisory (plan)$26,771
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$23,328

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

Administrative cost history3
2024$54,598 · 0.52%
2023$50,144 · 0.51%
2022$55,841 · 0.53%
Same employer
Similar plansManufacturing · Georgia
Nidec Elesys Americas Corp. GA$11.5M · 0.29%
Nichiha U.S.A., Inc. GA$11.4M · 1.22%
Pharma Tech Industries GA$11.1M · 0.54%
Phx Holdings, LLC GA$10.8M · 1.40%
Norcom, Inc. GA$10.6M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580536306 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.