Plan Ledger DOL Form 5500 · updated monthly

Ls Cable & System U.S.A. Inc.401(k)

LS CABLE & SYSTEM U.S.A. 401(K) PLAN · PEACHTREE CORNERS, GA · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Ls Cable & System U.S.A. Inc. reported $95,716 in plan administrative expenses for 2024: 0.79% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,290 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 0.79%. 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 1,077th-largest of 2,160 plans among Georgia employers on file, and 7,639th of 13,661 in manufacturing. In 2024, employees put in $1.88 for every $1.00 the employer contributed; active participation has grown from 239 to 304 since 2022.

Plan summary
Net assets, end of year$13,233,412
Participants with balances286
Active participants304
Employer contributions$696,295
Employee contributions$1,307,874
Employer contribution per active participant$2,290
Average account balance$46,271
Benefits paid to participants$1,335,917
Plan auditUnmodified (clean) audit opinion
AuditorKIM & LEE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.2M · 286 accts · $696K emplr
2023$11.0M · 275 accts · $589K emplr
2022$9.6M · 239 accts · $488K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,716
Total administrative$95,716
The Ls Cable & System U.S.A. Inc. 401(k) match · 2024
Employer contribution per active participant$2,290
Median for plans this size$2,416
2024$2,290 per active participant
2023$2,051 per active participant
2022$2,044 per active participant

Ls Cable & System U.S.A. Inc.'s 2024 employer contribution ran below 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$95,716
LPL FINANCIAL LLC · Other servicesindirect comp

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$95,716 · 0.79%
2023$84,774 · 0.82%
2022$76,486 · 0.76%
Same employer
Similar plansManufacturing · Georgia
Spectra Metal Sales, Inc. GA$13.7M · 0.41%
Apco Graphics, Inc. GA$13.7M · 0.26%
Zschimmer and Schwarz, Inc. GA$13.6M · 0.02%
Hansgrohe, Inc. GA$13.5M · 0.35%
Doehler North America, Inc. GA$12.9M · 0.33%
Lummus Corporation GA$12.9M · 0.26%
Showa Best Glove, Inc GA$12.8M · 0.01%
The Concrete Company GA$12.8M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 820861229 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.