Plan Ledger DOL Form 5500 · updated monthly

Lpi Holdco Inc.ESOP

LPI EMPLOYEE STOCK OWNERSHIP PLAN · JOHNSON CITY, TN · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Lpi Holdco Inc. reported $30 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $15,133 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 1 year on file its reported administrative ratio fell from 0.05% to 0.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Tennessee (998th of 1,496), and 3,456th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$6,251,061
Participants with balances336
Active participants264
Employer contributions$3,995,000
Employee contributions—
Employer contribution per active participant$15,133
Average account balance$18,604
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$6.3M · 336 accts · $4.0M emplr
2023$-4.1M · 308 accts · $4.0M emplr
Employer contributions to the Lpi Holdco Inc. plan · 2024
Employer contribution per active participant$15,133
Median for plans this size$1,313
2024$15,133 per active participant
2023$14,501 per active participant

Lpi Holdco Inc.'s 2024 employer contribution ran above the $1,313 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.

Administrative cost history2
2024$30 · 0.00%
2023$220 · 0.05%
Similar plansWholesale Trade · Tennessee
Mfg Chemical LLC TN$6.7M · 0.42%
Highland LLC TN$6.3M · 0.58%
Fusionsite Services LLC TN$6.1M · 1.10%
Rogers Petroleum, Inc. TN$6.1M · 0.43%
Pella Tennessee, LLC TN$6.0M · 0.69%
Hyosung Hico, LTD TN$5.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 932091797 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.