Plan Ledger DOL Form 5500 · updated monthly

Lacks Valley Stores, LTD.401(k)

LACK'S VALLEY STORES, LTD. 401(K) PROFIT SHARING PLAN · PHARR, TX · plan year 2022

Reported admin expense ratio · 2022
1.12%

Lacks Valley Stores, LTD. reported $89,724 in plan administrative expenses for 2022: 1.12% of average plan assets, higher than ~90% of peers. 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.

Across the 2 years on file its reported administrative ratio rose from 1.12% to 3.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (3,553rd of 5,688), and 3,212th of 5,215 in retail trade.

Plan summary
Net assets, end of year$7,241,320
Participants with balances530
Active participants395
Employer contributions—
Employee contributions$126,676
Employer contribution per active participant—
Average account balance$13,663
Benefits paid to participants$434,834
Plan auditUnmodified (clean) audit opinion
AuditorBURTON MCCUMBER & LONGORIA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 318 accts
2023$6.5M · 451 accts
2022$7.2M · 530 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$89,724
Total administrative$89,724
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$182,346 · 3.07%
2023$76,524 · 1.11%
2022$89,724 · 1.12%
Same employer
Similar plansRetail Trade · Texas
Woodson Wholesale, Inc. TX$7.4M · 0.38%
Lashop Co. LLC TX$7.4M · 0.71%
Kendrick Oil Company TX$7.2M · 0.07%
Mossy Nissan (Tx), Inc. TX$7.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742730084 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.