Plan Ledger DOL Form 5500 · updated monthly

Le Creuset of America, Inc.401(k)

LE CREUSET OF AMERICA, INC. 401(K) SAVINGS PLAN · EARLY BRANCH, SC · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Le Creuset of America, Inc. reported $144,371 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,273 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 0.43% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 204th-largest of 807 plans among South Carolina employers on file, and the 1,474th of 4,246 in wholesale trade. In 2024, employees put in $2.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,167,669
Participants with balances1,092
Active participants777
Employer contributions$989,293
Employee contributions$2,392,301
Employer contribution per active participant$1,273
Average account balance$24,879
Benefits paid to participants$2,002,145
Plan auditUnmodified (clean) audit opinion
AuditorBAUKNIGHT PIETRAS & STORMER, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$27.2M · 1,092 accts · $989K emplr
2023$22.9M · 965 accts · $997K emplr
2022$18.8M · 623 accts · $905K emplr
Administrative expenses, itemized · 2024
Investment management$144,371
Total administrative$144,371
The Le Creuset of America, Inc. 401(k) match · 2024
Employer contribution per active participant$1,273
Median for plans this size$2,416
2024$1,273 per active participant
2023$1,361 per active participant
2022$1,252 per active participant

Le Creuset of America, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20245
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$37,771
FIRST PARTY ADMINISTRATOR, LLC · Contract administrator$21,210
EMPOWER ADVISORY GROUP, LLC · Investment management$13,913
MY BENEFITS LLC$350

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$144,371 · 0.58%
2023$89,804 · 0.43%
2022$86,330 · 0.43%
Same employer
Similar plansWholesale Trade · South Carolina
Cregger Company, Inc. SC$53.6M · 0.11%
Gerber Childrenswear LLC SC$21.8M · 0.20%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 570649852 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.