Plan Ledger DOL Form 5500 · updated monthly

The Lebermuth Company, Inc.401(k)

THE LEBERMUTH COMPANY, INC. EMPLOYEES RETIREMENT PLAN AND TRUST · SOUTH BEND, IN · plan year 2023

Reported admin expense ratio · 2023
0.43%

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

The Lebermuth Company, Inc. reported $35,424 in plan administrative expenses for 2023: 0.43% of average plan assets, below the peer median. Employer contributions averaged $2,564 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 has held roughly steady near 0.43%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (910th of 1,562), and 8,994th of 13,661 in manufacturing. In 2023, employees put in $2.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,554,675
Participants with balances103
Active participants93
Employer contributions$238,444
Employee contributions$597,050
Employer contribution per active participant$2,564
Average account balance$92,764
Benefits paid to participants$293,078
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history2
Yearassets · accounts · employer contribution
2023$9.6M · 103 accts · $238K emplr
2022$7.0M · 104 accts · $239K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$12,444
Investment management$22,980
Total administrative$35,424
The The Lebermuth Company, Inc. 401(k) match · 2023
Employer contribution per active participant$2,564
Median for plans this size$1,308
2023$2,564 per active participant
2022$2,661 per active participant

The Lebermuth Company, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
SHEPHERD FINANCIAL INVESTMENT ADVIS · Investment advisory (plan)$22,978
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$12,444

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$35,424 · 0.43%
2022$26,840 · 0.41%
Similar plansManufacturing · Indiana
Angola Wire Products, Inc. IN$10.0M · 0.35%
Brc Rubber Group, Inc. IN$9.9M · 0.23%
Hamilton Exhibits, LLC IN$9.8M · 0.64%
Intech Trailers Inc. IN$9.3M · 0.03%
Richmond Baking Company IN$9.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351468778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.