Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › LKQ
LKQ 401(k)
- LKQ Nasdaq
- Retail trade
- Chicago, IL
- EIN 36-4215970
- 1 plan with Schedule H financials
- Plan year 2024
- LKQ Corporation
- SEC registrant LKQ Corp
Administrative expenses excluding investment management, per participant · LKQ Corporation Employees' Retirement Plan · plan year 2024
$52.69
Higher than 34% of the 2,324 plans $250M to 1B that report it.
Source
= $623,961 / 11,842
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250801090621NAL0003122771001, received 2025-08-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250801090621NAL0003122771001, received 2025-08-01
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-08-01.
Cost and contributions
Administrative expenses per participant
$52.69
Higher than 22% of the 2,405 plans $250M to 1B that report it.
Source
= $623,961 / 11,842
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250801090621NAL0003122771001, received 2025-08-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250801090621NAL0003122771001, received 2025-08-01
Administrative expenses as a share of assets
0.086%
Higher than 58% of the 2,407 plans $250M to 1B that report it.
Source
= $623,961 / $727,782,500
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250801090621NAL0003122771001, received 2025-08-01
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250801090621NAL0003122771001, received 2025-08-01
Employer contributions per participant
$1,583
Higher than 17% of the 2,457 plans $250M to 1B that report it.
Source
= $18,743,815 / 11,842
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250801090621NAL0003122771001, received 2025-08-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250801090621NAL0003122771001, received 2025-08-01
Employer share of total contributions
29.0%
Higher than 43% of the 2,459 plans $250M to 1B that report it.
Source
= $18,743,815 / $64,610,587
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250801090621NAL0003122771001, received 2025-08-01
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250801090621NAL0003122771001, received 2025-08-01
Plan terms, as stated in LKQ Corporation's SEC filings
Plan terms are described in LKQ Corporation's SEC filings: Form 10-K filed 2026-02-19. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250801090621NAL0003122771001, received 2025-08-01
Full record, LKQ Corporation Employees' Retirement Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | LKQ CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Plan name | LKQ CORPORATION EMPLOYEES' RETIREMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Sponsor EIN / plan number | 36-4215970 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Sponsor location | CHICAGO, IL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Industry (business code) | 441300, Retail trade | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Filing received | 2025-08-01 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Participants, beginning of year | 19,031 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Active participants | 15,267 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Participants, end of year | 17,276 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Participants with an account balance | 11,842 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Total assets, beginning of year | $604,152,101 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Total assets, end of year | $727,782,500 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Net assets, end of year | $727,782,500 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Total income | $146,606,674 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Net income | $48,430,612 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Employer contributions | $18,743,815 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Participant contributions | $40,473,869 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Other contributions (incl. rollovers) | $5,392,903 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Total contributions | $64,610,587 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Benefit payments | $97,514,391 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Total expenses (incl. benefit payments) | $98,176,062 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Total administrative expenses | $623,961 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Contract administrator fees | $623,961 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Administrative expenses excluding investment management | $623,961 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Held in common/collective trusts | $556,258,591 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Held in mutual funds | $122,119,817 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250801090621NAL0003122771001, received 2025-08-01 |
| Independent auditor | WARREN AVERETT LLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250801090621NAL0003122771001, received 2025-08-01 |
Position = column in the DOL layout for form year 2024. Filing 20250801090621NAL0003122771001, received 2025-08-01.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANYrecordkeeper | CONTRACT ADMINISTRATOR | 13 Contract administrator; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees | $711,486 | yes |
| MORNINGSTAR INVESTMENT MANAGEMENT L | INV ADV, PARTICIPANTS | 26 Investment advisory (participants); 70 Consulting fees | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250801090621NAL0003122771001, received 2025-08-01.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $604,152,101 | $727,782,500 | 20.5% |
| Participants with a balance | 11,988 | 11,842 | -1.2% |
| Administrative expenses | $589,266 | $623,961 | 5.9% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $18,330,071 | $18,743,815 | 2.3% |
Prior filing 20240801151223NAL0036337072001, received 2024-08-01; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: LKQ CORPORATION; SEC registrant: LKQ CORP (CIK 1065696, matched by EIN; display name from the Form 10-K cover).