Plan Ledger DOL Form 5500 · updated monthly

Lpi, Inc.401(k)

LPI, INC. 401(K) PLAN · JOHNSON CITY, TN · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Lpi, Inc. reported $24,309 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $580 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 rose from 0.58% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Tennessee (1,161st of 1,496), and 11,763rd of 13,661 in manufacturing. In 2024, employees put in $2.76 for every $1.00 the employer contributed; active participation has grown from 304 to 346 since 2022.

Plan summary
Net assets, end of year$3,958,149
Participants with balances199
Active participants346
Employer contributions$200,512
Employee contributions$553,413
Employer contribution per active participant$580
Average account balance$19,890
Benefits paid to participants$154,608
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 199 accts · $201K emplr
2023$3.0M · 192 accts · $182K emplr
2022$2.3M · 154 accts · $183K emplr
Administrative expenses, itemized · 2024
Investment management$24,309
Total administrative$24,309
The Lpi, Inc. 401(k) match · 2024
Employer contribution per active participant$580
Median for plans this size$1,313
2024$580 per active participant
2023$552 per active participant
2022$602 per active participant

Lpi, Inc.'s 2024 employer contribution ran below the $1,313 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
MY BENEFITS, LLC · Recordkeeping$2,025
LINCOLN NATIONAL CORPORATION · Contract administrator$22,284

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

Recordkeeper by year2
2024MY BENEFITS, LLC
2023MY BENEFITS, LLC

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Administrative cost history3
2024$24,309 · 0.70%
2023$19,940 · 0.76%
2022$15,531 · 0.58%
Same employer
Similar plansManufacturing · Tennessee
Eurotranciatura USA LLC TN$4.2M · 1.26%
Purity Zinc Metals, LLC TN$4.1M · 0.95%
Hamilton Plastics, Inc. TN$4.0M · 0.49%
Centurion Products, Inc. TN$4.0M · 0.47%
The Troxel Company TN$3.8M · 0.39%
Develey USA TN$3.8M · 1.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452736824 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.