Plan Ledger DOL Form 5500 · updated monthly

Leaders Holding Company401(k)

LEADERS HOLDING COMPANY 401(K) PLAN · LARGO, FL · plan year 2024

Reported admin expense ratio · 2024
1.33%

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

Leaders Holding Company reported $42,418 in plan administrative expenses for 2024: 1.33% of average plan assets, higher than ~90% of peers. Employer contributions averaged $400 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 1 year on file its reported administrative ratio rose from 1.09% to 1.33%. 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 Florida (2,835th of 3,644), and 12,143rd of 13,661 in manufacturing. In 2024, employees put in $5.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,257,333
Participants with balances218
Active participants149
Employer contributions$59,591
Employee contributions$340,503
Employer contribution per active participant$400
Average account balance$14,942
Benefits paid to participants$856,875
Plan auditUnmodified (clean) audit opinion
AuditorPRIDA, GUIDA, & PEREEZ, P.A.
Plan history2
Yearassets · accounts · employer contribution
2024$3.3M · 218 accts · $60K emplr
2023$3.1M · 185 accts · $71K emplr
The Leaders Holding Company 401(k) match · 2024
Employer contribution per active participant$400
Median for plans this size$1,313
2024$400 per active participant
2023$481 per active participant

Leaders Holding Company'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 · 20244
RAYMOND JAMES · Investment advisory (plan)$17,225
EMPOWER ADVISORY GROUP · Investment management$6,179
SOUTHERN PENSION SERVICES · Contract administrator$3,540

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

Administrative cost history2
2024$42,418 · 1.33%
2023$31,092 · 1.09%
Similar plansManufacturing · Florida
Leixir Dental Group FL$3.4M · 0.73%
Hyperform, Inc. FL$3.3M · 0.28%
Alliance Dairies FL$3.3M · 0.08%
Techno Coatings Inc FL$3.2M · 0.17%
Bungalow Scenic Studios FL$3.2M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592640693 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.