Plan Ledger DOL Form 5500 · updated monthly

The Lane Press, Inc.401(k)

THE LANE PRESS, INC. 401(K) PLAN · BURLINGTON, VT · plan year 2023

Reported admin expense ratio · 2023
0.42%

The Lane Press, Inc. reported $68,700 in plan administrative expenses for 2023: 0.42% of average plan assets, above the peer median. 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 has held roughly steady near 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 109th-largest of 230 plans among Vermont employers on file, and the 6,559th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$17,050,678
Participants with balances157
Active participants113
Employer contributions—
Employee contributions$503,133
Employer contribution per active participant—
Average account balance$108,603
Benefits paid to participants$1,107,406
Plan auditUnmodified (clean) audit opinion
AuditorGALLAGHER, FLYNN & COMPANY
Plan history2
Yearassets · accounts · employer contribution
2023$17.1M · 157 accts
2022$15.6M · 152 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$23,013
Investment management$45,687
Total administrative$68,700
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$23,013
WILMINGTON TRUST · Investment advisory (plan)$22,953
TRG INVESTMENT ADVISOR, LLC · Investment advisory (plan)$22,734

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

Administrative cost history2
2023$68,700 · 0.42%
2022$66,239 · 0.43%
Same employer
Similar plansManufacturing · Vermont
Cersosimo Lumber Co., Inc. VT$19.9M · 0.25%
Hubbardton Forge, LLC VT$19.7M · 0.35%
Simon Pearce (US) Inc. VT$18.7M · 0.37%
Champlain Cable Corporation VT$16.1M · 0.33%
Ivek Corporation VT$15.9M · 0.11%
Autumn Harp, Inc. VT$15.7M · 0.52%
Dynapower Company LLC VT$14.4M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030136330 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.