Plan Ledger DOL Form 5500 · updated monthly

Lyon, LLC401(k)

LYON, LLC 401(K) RETIREMENT PLAN · MONTGOMERY, IL · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Lyon, LLC reported $75,047 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $257 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 0.74% to 0.59%. 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 among the smaller plans on file in Illinois (2,137th of 3,702), and 7,699th of 13,661 in manufacturing. In 2024, employees put in $10.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,041,165
Participants with balances281
Active participants280
Employer contributions$71,973
Employee contributions$719,715
Employer contribution per active participant$257
Average account balance$46,410
Benefits paid to participants$1,666,932
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.0M · 281 accts · $72K emplr
2023$12.2M · 315 accts · $72K emplr
2022$10.7M · 291 accts · $67K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,047
Investment management$30,000
Total administrative$75,047
The Lyon, LLC 401(k) match · 2024
Employer contribution per active participant$257
Median for plans this size$2,416
2024$257 per active participant
2023$248 per active participant
2022$243 per active participant

Lyon, LLC'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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$45,047
SAGEVIEW ADVISORY GROUP, LLC · Consulting$30,000
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$75,047 · 0.59%
2023$100,614 · 0.88%
2022$95,975 · 0.74%
Same employer
Similar plansManufacturing · Illinois
Bourn and Koch, LLC IL$13.2M · 0.07%
Csc - Indiana, LLC IL$13.2M · 0.56%
Accord Carton LLC IL$13.1M · 0.04%
Nu-Way Industries, Inc. IL$13.0M · 0.56%
Arxium, Inc. IL$13.0M · 0.27%
Litania Sports Group, Inc. IL$12.6M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364759807 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.