Plan Ledger DOL Form 5500 · updated monthly

Lta II Manufacturing LLC401(k)

LTA II MANUFACTURING LLC 401(K) PLAN · OTTAWA, KS · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

Lta II Manufacturing LLC reported $18,746 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,012 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 0.15% to 0.89%. 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 Kansas (749th of 828), and 12,752nd of 13,661 in manufacturing. In 2024, employees put in $1.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,162,854
Participants with balances92
Active participants173
Employer contributions$175,003
Employee contributions$223,304
Employer contribution per active participant$1,012
Average account balance$23,509
Benefits paid to participants$517,889
Plan auditUnmodified (clean) audit opinion
AuditorPICKETT,CHANEY & MCMULLEN,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 92 accts · $175K emplr
2023$2.0M · 176 accts · $185K emplr
2022$2.0M · 179 accts · $165K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,987
Investment management$759
Total administrative$18,746
The Lta II Manufacturing LLC 401(k) match · 2024
Employer contribution per active participant$1,012
Median for plans this size$1,313
2024$1,012 per active participant
2023$1,064 per active participant
2022$909 per active participant

Lta II Manufacturing LLC's 2024 employer contribution ran below the $1,313 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
EMPOWER ADVISORY GROUP, LLC · Investment management$759

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$18,746 · 0.89%
2023$3,704 · 0.18%
2022$2,964 · 0.15%
Same employer
Similar plansManufacturing · Kansas
Scavuzzo's Inc. KS$2.7M · 1.62%
Dynamic N/C, LLC KS$2.7M · 0.06%
Extrusions, Inc. KS$2.5M · 0.39%
McCarty Family Farms, LLC KS$1.3M · 0.22%
Orange Ev, LLC KS$1.3M · 1.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821959114 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.