Lozier Corporation 401(k) Review & Grade
Lozier Corporation 401(k) Savings Plan
Omaha, NEManufacturing1,698 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,201Employer $ per active participant
$3,413Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$191.8MNet plan assets, end of year
$104,718Average balance per account
Score breakdown
- Employer generosity23.9 / 5048th percentile for employer $ per participant
- Low cost23.9 / 2596th percentile for low admin cost vs. same-size plans
- Employee saving4.3 / 1528th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score55 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 48th |
| Lower admin cost | 96th |
| Employee saving | 28th |
| 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
- Lozier put in about $2,201 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- 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 | $3,739,244 |
| Participant (employee) contributions | $5,796,957 |
| Other contributions (incl. rollovers in) | $882,073 |
| Administrative expenses paid from the plan | $35,708 |
| Investment advisory & management fees | $4,686 |
| Benefits paid out | $23,493,869 |
| Net assets, start / end of year | $182.3M / $191.8M |
| Active participants, start / end of year | 1,736 / 1,661 |
| Participants with account balances | 1,832 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Lutz & Company |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $31,022 reported compensation |
| Advised Assets Group, LLC | $4,686 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250808143007NAL0002672083001, received 2025-08-08, EIN 47-0463247, plan #006, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.