Plan Ledger DOL Form 5500 · updated monthly

Lucas Oil Products, Inc.401(k)

LUCAS OIL PRODUCTS, INC. 401(K) PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Lucas Oil Products, Inc. reported $143,924 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $1,994 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 fell from 0.51% to 0.45%. 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 394th-largest of 1,562 plans among Indiana employers on file, and the 4,153rd of 13,661 in manufacturing. In 2024, employees put in $2.30 for every $1.00 the employer contributed; active participation has grown from 415 to 480 since 2022.

Plan summary
Net assets, end of year$33,572,679
Participants with balances559
Active participants480
Employer contributions$957,116
Employee contributions$2,206,135
Employer contribution per active participant$1,994
Average account balance$60,058
Benefits paid to participants$3,346,972
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.6M · 559 accts · $957K emplr
2023$30.0M · 559 accts · $823K emplr
2022$27.7M · 562 accts · $977K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,470
Investment management$85,454
Total administrative$143,924
The Lucas Oil Products, Inc. 401(k) match · 2024
Employer contribution per active participant$1,994
Median for plans this size$2,416
2024$1,994 per active participant
2023$1,708 per active participant
2022$2,354 per active participant

Lucas Oil Products, 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 · 20243
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$77,038
SAGEVIEW ADVISORY GROUP, LLC · Investment management$17,180

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$143,924 · 0.45%
2023$125,659 · 0.44%
2022$157,760 · 0.51%
Same employer
Similar plansManufacturing · Indiana
Central Wire, Inc. IN$34.2M · 0.07%
Enkei America, Inc. IN$34.2M · 0.40%
Intat Precision, Inc IN$33.7M · 0.28%
Task Force Tips, LLC IN$33.0M · 0.34%
Hammond Group, Inc. IN$33.0M · 0.05%
Kem Krest Corporation IN$32.2M · 0.49%
Elsa LLC IN$32.2M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330364643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.