Plan Ledger DOL Form 5500 · updated monthly

The Lemoine Company, LLC401(k)

THE LEMOINE COMPANY, LLC 401K PLAN · LAFAYETTE, LA · plan year 2023

Reported admin expense ratio · 2023
0.13%

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

The Lemoine Company, LLC reported $31,134 in plan administrative expenses for 2023: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,283 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 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 208th-largest of 884 plans among Louisiana employers on file, and the 1,687th of 5,337 in construction. In 2023, employees put in $2.69 for every $1.00 the employer contributed; active participation has grown from 521 to 659 since 2022.

Plan summary
Net assets, end of year$26,061,583
Participants with balances413
Active participants659
Employer contributions$845,236
Employee contributions$2,271,981
Employer contribution per active participant$1,283
Average account balance$63,103
Benefits paid to participants$1,594,945
Plan auditUnmodified (clean) audit opinion
AuditorDARNALL, SIKES AND FREDERICK
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $1.1M emplr
2023$26.1M · 413 accts · $845K emplr
2022$20.5M · 306 accts · $554K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,800
Investment management$12,984
Total administrative$31,134
The The Lemoine Company, LLC 401(k) match · 2023
Employer contribution per active participant$1,283
Median for plans this size$2,440
2023$1,283 per active participant
2022$1,063 per active participant

The Lemoine Company, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants) · Investment advisory (plan)$13,126
DARNALL SIKES & FREDERICK$11,500
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$6,509
RAYMOND JAMES FINANCIAL SERVICES ADindirect comp

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

Administrative cost history3
2024Not separately reported
2023$31,134 · 0.13%
2022$30,568 · 0.14%
Same employer
Similar plansConstruction · Louisiana
United Built Homes, LLC LA$27.1M · 0.29%
Stl Holding Company, LLC LA$26.3M · 0.37%
Nvi, LLC LA$21.2M · 0.49%
Bld Services. LLC LA$20.3M · 0.05%
All Star Electric, Inc. LA$18.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721353287 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.