Plan Ledger DOL Form 5500 · updated monthly

Lymi Inc401(k)

LYMI INC 401(K) PROFIT SHARING PLAN & TRUST · VERNON, CA · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Lymi Inc reported $73,719 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,591 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 0.99% to 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 4,133rd-largest of 9,483 plans among California employers on file, and the 1,755th of 5,215 in retail trade. In 2024, employees put in $2.32 for every $1.00 the employer contributed; active participation has grown from 629 to 849 since 2022.

Plan summary
Net assets, end of year$16,548,408
Participants with balances1,143
Active participants849
Employer contributions$1,350,392
Employee contributions$3,136,598
Employer contribution per active participant$1,591
Average account balance$14,478
Benefits paid to participants$856,075
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.5M · 1,143 accts · $1.4M emplr
2023$10.8M · 891 accts · $1.2M emplr
2022$6.4M · 776 accts · $888K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,137
Investment management$31,722
Trustee / custodial$860
Total administrative$73,719
The Lymi Inc 401(k) match · 2024
Employer contribution per active participant$1,591
Median for plans this size$2,416
2024$1,591 per active participant
2023$1,633 per active participant
2022$1,412 per active participant

Lymi 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 · 20242
PAYCHEX, INC. · Recordkeeping$41,374
CONCURRENT INVESTMENT ADVISORS LLC · Investment advisory (participants)$27,053

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

Recordkeeper by year2
2024Paychex
2023CONCURRENT INVESTMENT ADVISORS LLC, Paychex, Raymond James

This plan has changed recordkeepers within these filings. If you left Lymi Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$73,719 · 0.54%
2023$72,582 · 0.84%
2022$55,949 · 0.99%
Same employer
Similar plansRetail Trade · California
Robinson Oil Corporation CA$17.0M · 0.17%
Chambers & Chambers, Inc. CA$16.9M · 0.40%
Eurostar, Inc. CA$16.8M · 2.00%
Cabi LLC CA$16.7M · 0.23%
Jinon Corporation CA$16.3M · 0.45%
Fashion Nova, Inc. CA$16.2M · 0.48%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 352467049 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.