Plan Ledger DOL Form 5500 · updated monthly

Ludlum Measurements, Inc.401(k)

LUDLUM MEASUREMENTS, INC. 401(K) PLAN · SWEETWATER, TX · plan year 2023

Reported admin expense ratio · 2023
0.48%

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

Ludlum Measurements, Inc. reported $87,568 in plan administrative expenses for 2023: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $833 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 0.63% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,911th-largest of 5,688 plans among Texas employers on file, and the 5,614th of 13,661 in manufacturing. In 2023, employees put in $3.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,785,639
Participants with balances386
Active participants429
Employer contributions$357,446
Employee contributions$1,417,010
Employer contribution per active participant$833
Average account balance$56,439
Benefits paid to participants$914,560
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $168K emplr
2023$21.8M · 386 accts · $357K emplr
2022$14.8M · 319 accts · $235K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$87,568
Total administrative$87,568
The Ludlum Measurements, Inc. 401(k) match · 2023
Employer contribution per active participant$833
Median for plans this size$2,440
2023$833 per active participant
2022$599 per active participant

Ludlum Measurements, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20236
MUTUAL ADVISORS LLC · Investment advisory (plan)$81,237
EMPOWER ADVISORY GROUP, LLC · Investment management$17,309
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$9,027
BENEFIT INVESTMENT GROUP INC · Contract administrator$3,111
TRG ADMINISTRATIVE SERVICES · Contract administrator$2,575
LOREN D STARK COMPANY INC · Contract administratorindirect 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
2024Not separately reported
2023$87,568 · 0.48%
2022$102,460 · 0.63%
Same employer
Similar plansManufacturing · Texas
Modern Method Gunite, Inc. TX$21.9M · 0.34%
Jsw Steel USA Inc TX$21.9M · 0.66%
Generon Igs, Inc. TX$21.8M · 0.35%
Lion Elastomers LLC Union TX$21.8M · 0.20%
Texas Scenic Company, Inc TX$21.8M · 0.00%
Canoo Technologies Inc. TX$21.6M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751085764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.