Plan Ledger DOL Form 5500 · updated monthly

Explore Industries Services USA 2401(k)

LEISURE POOLS MANUFACTURING USA 401(K) PROFIT SHARING PLAN & TRUST · KNOXVILLE, TN · plan year 2023

Reported admin expense ratio · 2023
1.18%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Explore Industries Services USA 2 reported $10,780 in plan administrative expenses for 2023: 1.18% of average plan assets, above the peer median. Employer contributions averaged $1,844 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Tennessee (1,386th of 1,496), and 13,202nd of 13,661 in manufacturing. In 2023, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,185,626
Participants with balances98
Active participants87
Employer contributions$160,453
Employee contributions$257,976
Employer contribution per active participant$1,844
Average account balance$12,098
Benefits paid to participants$84,826
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$9,501
Investment management$419
Trustee / custodial$860
Total administrative$10,780
The Explore Industries Services USA 2 401(k) match · 2023
Employer contribution per active participant$1,844
Median for plans this size$522

Explore Industries Services USA 2's 2023 employer contribution ran above the $522 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PAYCHEX, INC. · Recordkeeping$7,867

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2023$10,780 · 1.18%
Same employer
Similar plansManufacturing · Tennessee
Titan Implement, LLC TN$1.5M · 0.47%
Jds Technologies Inc TN$1.1M · 0.56%
Ust Inc TN$1.0M · 0.21%
Mulch Company LLC TN$935K · 1.52%
C & S Plastics, LLC TN$890K · 3.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 852575810 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.