Plan Ledger DOL Form 5500 · updated monthly

Laurel Grocery Company, Inc.401(k)

LAUREL GROCERY COMPANY, INC. 401(K) PROFIT SHARING PLAN · LONDON, KY · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Laurel Grocery Company, Inc. reported $2,185 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 rose from 0.03% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Kentucky (567th of 871), and 3,335th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$7,147,783
Participants with balances251
Active participants173
Employer contributions$0
Employee contributions$262,794
Employer contribution per active participant$0
Average account balance$28,477
Benefits paid to participants$813,154
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 229 accts
2023$7.1M · 251 accts
2022$7.1M · 241 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,021
Investment management$164
Total administrative$2,185
The Laurel Grocery Company, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Laurel Grocery Company, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
EMPOWER ADVISORY GROUP, LLC · Investment management$164

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

Administrative cost history3
2024$5,498 · 0.09%
2023$2,185 · 0.03%
2022$2,037 · 0.03%
Same employer
Similar plansWholesale Trade · Kentucky
Modern Distributors, Inc. KY$8.0M · 0.60%
Ross Acquisition Co. KY$6.4M · 0.74%
Zotefoams Inc. KY$6.2M · 0.07%
Valor LLC KY$5.7M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610652263 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.