Department of Labor filing

LYDIG CONSTRUCTION, INC.

LYDIG CONSTRUCTION, INC. 401(K) PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Aug 19, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

70filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support
$14,272

Reported employer contributions per active participant.

Higher than about 98% of comparable plans
#People in the filing
139

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$677 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 2% of comparable plans
Investment performance
Not available

Plan assets changed 20.5%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202470out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions98th percentileTypical peer $2,706 · based on 577 comparable plans
Lower reported administrative expense2nd percentileTypical peer $229 · based on 583 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, LYDIG CONSTRUCTION, INC. reported $1,983,826 in employer contributions across the plan and 139 active participants. That works out to $14,272 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy74%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 1.7%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 139.9%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context70/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$1,983,826
Participant contributions
$1,561,258
Other contributions
$178,970
Employer share of reported contributions
56.0%
Beginning assets
$44,995,237
Ending assets
$54,226,696
Ending net assets
$54,226,696
Ending liabilities
$0
Total income
$11,031,589
Total expenses
$1,800,130
Administrative expenses
$124,498
Participant loans
$349,533

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$14,516
2023
$14,900
2024
$14,272
Plan-paid administrative expenses per participant
2022
$282
2023
$723
2024
$677
Active participants
2022
133
2023
132
2024
139
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2024$14,27213954.2M20250819164406NAL0002395969001
2023$14,90013245M20240906130725NAL0001868032001
2022$14,51613337.4M20230925110301NAL0015280354001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
0.6%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Yes
Public plan identifier
910672331-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Sep 1, 1966
Industry
Construction
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2F2G2J2K2T3B3D

Current plan terms

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Filing ACK_ID20250819164406NAL0002395969001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗