Retirement plan

LEMAN U.S.A. INC., PROFIT SHARING/401(K) PLAN

Name: LEMAN U.S.A. INC. - LEMAN U.S.A. INC., PROFIT SHARING/401(K) PLAN (2024) Form 5500
Creator: LEMAN U.S.A. INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEMAN U.S.A. INC., PROFIT SHARING/401(K) PLAN, LEMAN U.S.A. INC.

LEMAN U.S.A. INC.EIN 39-1539537Plan #001PY 2024

1860 RENAISSANCE BLVD - STURTEVANT, WI 531771743262-884-4700lemanusa.comLinkedIn51-200 employeestransportation/trucking/railroad

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$9.4M

+12.2% from 2023

Total participants

166

-20.6% from 2023

Average account balance

$57,564

+43.0% from 2023

Annual return

14.18%

-3.41 pp from 2023

Benchmarks

See 4,600 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort4,600 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$9.44M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$58K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

164

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

97.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$701K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.18%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$144

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
WELLTH ADVISORY SERVICES LLC1 year Service code 27 722 ESSINGTON RD · JOLIET, IL 60435	Advisory (Plan)	$11,669
GLOBAL RETIREMENT PARTNERS LLC6 years Service code 27 4340 REDWOOD HWY · SAN RAFAEL, CA 94903	Advisory (Plan)	$10,654
JPMORGAN INVEST HOLDINGS LLC10+ years Service code 64 · EIN 13-2624428	Recordkeeping Fees	$1,350

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$24K

$282 / participant

Recordkeeping$1K5.7%
Investment mgmt$22K94.3%

% of EOY assets

0.251%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SVA CERTIFIED PUBLIC ACCOUNTANTS, S
Auditor EIN: 391203191
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,564

$56,060+2.7%

$76,002-24.3%

$80,874-28.8%

Participation rate

97.6%

62.0%+35.6pp

69.1%+28.5pp

67.6%+30.0pp

Annual return

14.18%

20.54%-6.4pp

360.07%-345.9pp

35.62%-21.4pp

Employer contribution / active EE

$3,578

$1,873+91.0%

$2,688+33.1%

$2,756+29.9%

Participant deferral / active EE

$4,765

$3,051+56.1%

$4,257+11.9%

$4,297+10.9%

Admin fee / account holder

$144

$5,237-97.2%

$6,414-97.7%

$6,935-97.9%

Provider

Service type

Compensation

WELLTH ADVISORY SERVICES LLC1 year

Service code 27

722 ESSINGTON RD · JOLIET, IL 60435

Advisory (Plan)

$11,669

GLOBAL RETIREMENT PARTNERS LLC6 years

Service code 27

4340 REDWOOD HWY · SAN RAFAEL, CA 94903

Advisory (Plan)

$10,654

JPMORGAN INVEST HOLDINGS LLC10+ years

Service code 64 · EIN 13-2624428

Recordkeeping Fees

$1,350

LEMAN U.S.A. INC., PROFIT SHARING/401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LEMAN U.S.A. INC., PROFIT SHARING/401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion