Plan Ledger DOL Form 5500 · updated monthly

Lyon Gear & Machine, Inc.401(k)

LYON GEAR & MACHINE, INC. PROFIT SHARING PLAN AND TRUST · ROCHESTER, MI · plan year 2025

Reported admin expense ratio · 2025
0.85%

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

Lyon Gear & Machine, Inc. reported $53,454 in plan administrative expenses for 2025: 0.85% of average plan assets, above the peer median. Employer contributions averaged $228 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 rose from 0.43% to 0.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,833rd of 2,619), and 10,378th of 13,661 in manufacturing. In 2025, employees put in $8.52 for every $1.00 the employer contributed; active participation has shrunk from 107 to 93 since 2022.

Plan summary
Net assets, end of year$6,608,922
Participants with balances106
Active participants93
Employer contributions$21,193
Employee contributions$180,629
Employer contribution per active participant$228
Average account balance$62,348
Benefits paid to participants$434,000
Plan auditUnmodified (clean) audit opinion
AuditorMETZ CPA
Plan history4
Yearassets · accounts · employer contribution
2025$6.6M · 106 accts · $21K emplr
2024$5.9M · 112 accts · $23K emplr
2023$5.2M · 117 accts · $26K emplr
2022$5.2M · 122 accts · $22K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$4,125
Investment management$21,628
Total administrative$53,454
The Lyon Gear & Machine, Inc. 401(k) match · 2025
Employer contribution per active participant$228
Median for plans this size$1,464
2025$228 per active participant
2024$206 per active participant
2023$228 per active participant
2022$202 per active participant

Lyon Gear & Machine, Inc.'s 2025 employer contribution ran below the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
JOHN HANCOCK LIFE INSURANCE CO. · Recordkeeping · Investment management$1,686
CAPITAL ADVISORY GROUP, LLC · Investment advisory (participants)$21,628
GREAT LAKES PENSION ASSOCIATES, INC · Claims processing · Loan processing$4,125

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

Recordkeeper by year3
2025John Hancock
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$53,454 · 0.85%
2024$48,593 · 0.87%
2023$31,166 · 0.60%
2022$26,515 · 0.43%
Same employer
Similar plansManufacturing · Michigan
Ihc LLC MI$6.7M · 0.27%
Flow-Rite Controls, LTD. MI$6.7M · 0.74%
Mollertech, LLC MI$6.6M · 1.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 381629516 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.