Lhoist North America, Inc. 401(k) Review & Grade
Lhoist North America 401(k) Plan
Fort Worth, TXManufacturing1,578 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$8,099Employer $ per active participant
$7,508Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$281.3MNet plan assets, end of year
$140,309Average balance per account
Score breakdown
- Employer generosity46.7 / 5093th percentile for employer $ per participant
- Low cost16.5 / 2566th percentile for low admin cost vs. same-size plans
- Employee saving11.6 / 1577th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score85 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 93th |
| Lower admin cost | 66th |
| Employee saving | 77th |
| Peers that auto-enroll | 59% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Lhoist North America put in about $8,099 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $12,780,307 |
| Participant (employee) contributions | $11,847,530 |
| Other contributions (incl. rollovers in) | $2,534,403 |
| Administrative expenses paid from the plan | $371,254 |
| Contract administrator fees | $128,995 |
| Investment advisory & management fees | $68,000 |
| Other admin expenses | $31,292 |
| Benefits paid out | $36,029,163 |
| Net assets, start / end of year | $260.0M / $281.3M |
| Active participants, start / end of year | 1,603 / 1,553 |
| Participants with account balances | 2,005 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Whitley Penn LLP |
Largest service providers (Schedule C)
| T. Rowe Price RPS Inc | $145,246 reported compensation |
| Creative Planning | $68,000 reported compensation |
| Whitley Penn | $40,950 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250930145539NAL0005553507001, received 2025-09-30, EIN 52-2120637, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.