Plan Ledger DOL Form 5500 · updated monthly

Langston Companies, Inc.401(k)

LANGSTON COMPANIES, INC. 401(K) RETIREMENT PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
1.01%

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

Langston Companies, Inc. reported $46,176 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~75% of peers. Employer contributions averaged $363 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.

Across the 2 years on file its reported administrative ratio fell from 1.43% to 1.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Tennessee (1,093rd of 1,496), and 11,349th of 13,661 in manufacturing. In 2024, employees put in $5.14 for every $1.00 the employer contributed; active participation has grown from 164 to 188 since 2022.

Plan summary
Net assets, end of year$4,718,150
Participants with balances132
Active participants188
Employer contributions$68,331
Employee contributions$350,935
Employer contribution per active participant$363
Average account balance$35,744
Benefits paid to participants$323,881
Plan auditUnmodified (clean) audit opinion
AuditorREYNOLDS, BONE & GRIESBECK, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 132 accts · $68K emplr
2023$4.4M · 127 accts · $70K emplr
2022$3.8M · 139 accts · $54K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,405
Investment management$18,771
Audit (IQPA)$10,000
Total administrative$46,176
The Langston Companies, Inc. 401(k) match · 2024
Employer contribution per active participant$363
Median for plans this size$1,313
2024$363 per active participant
2023$344 per active participant
2022$331 per active participant

Langston Companies, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$17,405
TRUSTMARK NATIONAL BANK · Investment advisory (plan)$18,771
REYNOLDS BONE & GRIESBECK PLC · Accounting / audit$10,000

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$46,176 · 1.01%
2023$38,061 · 0.93%
2022$56,750 · 1.43%
Same employer
Similar plansManufacturing · Tennessee
A-Z Office Resource, Inc. TN$5.0M · 0.59%
Honest Abe Log Homes Inc TN$4.9M · 0.21%
Chairmans Foods, LLC TN$4.8M · 0.44%
The Wise Company, LLC TN$4.5M · 0.98%
Orhan North America, Inc. TN$4.4M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620442511 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.