Retirement plan

LANAIR PRODUCTS, LLC RETIREMENT PLAN

Name: LANAIR PRODUCTS, LLC - LANAIR PRODUCTS, LLC RETIREMENT PLAN (2024) Form 5500
Creator: LANAIR PRODUCTS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LANAIR PRODUCTS, LLC RETIREMENT PLAN, LANAIR PRODUCTS, LLC

LANAIR PRODUCTS, LLCEIN 80-0439818Plan #001PY 2024

4109 CAPITAL CIRCLE DRIVE - JANESVILLE, WI 53546608-757-6460lanair.comLinkedIn11-50 employeesoil & energy

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$4M

+19.5% from 2023

Total participants

129

0.0% from 2023

Average account balance

$34,500

+24.7% from 2023

Annual return

14.43%

-5.41 pp from 2023

Benchmarks

See 14,159 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,159 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.97M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

115

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.

85.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$438K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$96

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
ONEDIGITAL INVESTMENT ADVISORS LLC3 years Filed as: ONEDIGITAL WEALTH MANAGEMENT Service code 26 10900 WAYZATA BLVD SUITE 620 · MINNETONKA, MN 55305	Advisory (Participants)	$8,738
PREMIER RETIREMENT PARTNERS3 years Service code 13 8040 EXCELSIOR DRIVE SUITE 401 · MADISON, WI 53717	Contract Administrator	$2,325
AMERICAN FUNDS3 years Filed as: CAPITAL BANK & TRUST Service code 15 · EIN 95-6817943	Recordkeeping	$675

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$11K

$117 / participant

Contract admin$11K100.0%

% of EOY assets

0.278%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,500

$86,940-60.3%

$102,434-66.3%

$80,935-57.4%

Participation rate

85.1%

72.4%+12.7pp

76.5%+8.6pp

67.7%+17.4pp

Annual return

14.43%

18.89%-4.5pp

29.46%-15.0pp

35.66%-21.2pp

Employer contribution / active EE

$753

$2,370-68.2%

$3,023-75.1%

$2,757-72.7%

Participant deferral / active EE

$3,909

$4,121-5.2%

$5,055-22.7%

$4,299-9.1%

Admin fee / account holder

$96

$8,047-98.8%

$9,462-99.0%

$6,924-98.6%

Provider

Service type

Compensation

ONEDIGITAL INVESTMENT ADVISORS LLC3 years

Filed as: ONEDIGITAL WEALTH MANAGEMENT

Service code 26

10900 WAYZATA BLVD SUITE 620 · MINNETONKA, MN 55305

Advisory (Participants)

$8,738

PREMIER RETIREMENT PARTNERS3 years

Service code 13

8040 EXCELSIOR DRIVE SUITE 401 · MADISON, WI 53717

Contract Administrator

$2,325

AMERICAN FUNDS3 years

Filed as: CAPITAL BANK & TRUST

Service code 15 · EIN 95-6817943

Recordkeeping

$675

LANAIR PRODUCTS, LLC RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LANAIR PRODUCTS, LLC RETIREMENT 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