Plan Ledger DOL Form 5500 · updated monthly

Luse Contracting Group, Inc.401(k)

LUSE CONTRACTING GROUP, INC. RETIREMENT PLAN · AURORA, IL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Luse Contracting Group, Inc. reported $15,970 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $736 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.

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 1,646th-largest of 3,702 plans among Illinois employers on file, and the 5,712th of 13,661 in manufacturing. In 2024, employees put in $3.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,216,511
Participants with balances130
Active participants132
Employer contributions$97,091
Employee contributions$311,614
Employer contribution per active participant$736
Average account balance$163,204
Benefits paid to participants$3,319,316
Plan auditUnmodified (clean) audit opinion
AuditorCALLERO AND CALLERO LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,720
Audit (IQPA)$8,250
Total administrative$15,970
The Luse Contracting Group, Inc. 401(k) match · 2024
Employer contribution per active participant$736
Median for plans this size$2,416

Luse Contracting Group, Inc.'s 2024 employer contribution ran below the $2,416 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$33,447
CALLERO & CALLERO LLP · Accounting / audit$8,250

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

Administrative cost history1
2024$15,970 · 0.07%
Similar plansManufacturing · Illinois
Fca, LLC IL$21.3M · 0.79%
Paxxus, Inc. IL$20.9M · 0.26%
Lmt Onsrud LP IL$20.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 332259043 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.