Plan Ledger DOL Form 5500 · updated monthly

Leadiant Biosciences, Inc.401(k)

LEADIANT BIOSCIENCES, INC. SAVINGS PLAN · ROCKVILLE, MD · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Leadiant Biosciences, Inc. reported $14,244 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,232 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 663rd-largest of 1,671 plans among Maryland employers on file, and the 1,945th of 4,246 in wholesale trade. In 2023, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,381,205
Participants with balances93
Active participants47
Employer contributions$527,885
Employee contributions$865,268
Employer contribution per active participant$11,232
Average account balance$208,400
Benefits paid to participants$2,946,728
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$19.4M · 93 accts · $528K emplr
2022$17.7M · 106 accts · $561K emplr
Administrative expenses, itemized · 2023
Audit (IQPA)$28,350
Total administrative$14,244
The Leadiant Biosciences, Inc. 401(k) match · 2023
Employer contribution per active participant$11,232
Median for plans this size$2,440
2023$11,232 per active participant
2022$10,021 per active participant

Leadiant Biosciences, Inc.'s 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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
FORVIS MAZARS LLP · Accounting / audit$28,350
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history2
2023$14,244 · 0.08%
2022Not separately reported
Similar plansWholesale Trade · Maryland
Waldorf Ford, Inc. MD$34.2M · 0.46%
Aireco Supply, Inc. MD$29.8M · 0.19%
Bell Nursery USA LLC MD$19.5M · 0.39%
S.H. Tevis & Son Inc. MD$17.0M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880485370 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.