Plan Ledger DOL Form 5500 · updated monthly

Lyden Oil Company401(k)

LYDEN OIL COMPANY 401(K) PLAN · WALBRIDGE, OH · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Lyden Oil Company reported $87,516 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $3,100 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 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 841st-largest of 3,295 plans among Ohio employers on file, and the 1,121st of 4,246 in wholesale trade. In 2024, employees put in $1.37 for every $1.00 the employer contributed; active participation has grown from 207 to 333 since 2022.

Plan summary
Net assets, end of year$36,609,577
Participants with balances386
Active participants333
Employer contributions$1,032,406
Employee contributions$1,410,837
Employer contribution per active participant$3,100
Average account balance$94,843
Benefits paid to participants$1,728,326
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.6M · 386 accts · $1.0M emplr
2023$30.9M · 303 accts · $1.0M emplr
2022$25.0M · 269 accts · $918K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,516
Total administrative$87,516
The Lyden Oil Company 401(k) match · 2024
Employer contribution per active participant$3,100
Median for plans this size$2,416
2024$3,100 per active participant
2023$4,513 per active participant
2022$4,436 per active participant

Lyden Oil Company's 2024 employer contribution ran above 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 · 20244
UBS FINANCIAL SERVICES$57,047
TRINITY PENSION CONSULTANTS INC · Other services · Contract administrator$110

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$87,516 · 0.26%
2023$86,337 · 0.31%
2022$72,914 · 0.27%
Same employer
Similar plansWholesale Trade · Ohio
Barentz North America, LLC OH$38.3M · 0.54%
Fasteners for Retail, Inc. OH$35.9M · 0.07%
Columbus Equipment Company OH$33.1M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341924688 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.