Plan Ledger DOL Form 5500 · updated monthly

The Lycra Company LLC401(k)

THE LYCRA COMPANY 401(K) PLAN · WILMINGTON, DE · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

The Lycra Company LLC reported $100,908 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $8,321 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 0.35% to 0.25%. 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 the 62nd-largest of 242 plans among Delaware employers on file, and the 3,527th of 13,661 in manufacturing. In 2024, the employer put in $1.05 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$42,587,791
Participants with balances596
Active participants416
Employer contributions$3,461,550
Employee contributions$3,285,020
Employer contribution per active participant$8,321
Average account balance$71,456
Benefits paid to participants$5,057,211
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.6M · 596 accts · $3.5M emplr
2023$36.6M · 595 accts · $3.4M emplr
2022$29.2M · 606 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,908
Total administrative$100,908
The The Lycra Company LLC 401(k) match · 2024
Employer contribution per active participant$8,321
Median for plans this size$2,416
2024$8,321 per active participant
2023$8,220 per active participant
2022$8,471 per active participant

The Lycra Company LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ADP, INC. · Loan processing · Recordkeeping$100,908

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$100,908 · 0.25%
2023$102,797 · 0.31%
2022$102,841 · 0.35%
Same employer
Similar plansManufacturing · Delaware
Spi Pharma DE$56.6M · 0.27%
Iko Industries, Inc. DE$43.2M · 0.50%
Pats Aircraft, LLC DE$37.7M · 0.01%
Zenith Home Corp. DE$18.6M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300995943 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.