Plan Ledger DOL Form 5500 · updated monthly

Lynn Electronics LLC401(k)

LYNN ELECTRONICS LLC 401(K) PLAN · RADNOR, PA · plan year 2022

Reported admin expense ratio · 2022
1.68%

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

Lynn Electronics LLC reported $45,315 in plan administrative expenses for 2022: 1.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,079 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (3,214th of 3,651), and 12,403rd of 13,661 in manufacturing. In 2022, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,795,776
Participants with balances228
Active participants69
Employer contributions$281,440
Employee contributions$588,263
Employer contribution per active participant$4,079
Average account balance$12,262
Benefits paid to participants$167,909
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$2.8M · 228 accts · $281K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$33,933
Investment management$11,382
Total administrative$45,315
The Lynn Electronics LLC 401(k) match · 2022
Employer contribution per active participant$4,079
Median for plans this size$1,114

Lynn Electronics LLC's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$45,315 · 1.68%
Similar plansManufacturing · Pennsylvania
Fabtex, Inc. PA$2.8M · 0.24%
Okna Windows Corporation PA$2.7M · 1.16%
Norac USA Corporation PA$2.7M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231636460 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.