Plan Ledger DOL Form 5500 · updated monthly

Leading Technology Composites Inc.401(k)

LEADING TECHNOLOGY COMPOSITES INC. PROFIT SHARING/401(K) PLAN AND TRUST · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Leading Technology Composites Inc. reported $44,410 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $1,346 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 0.70% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kansas (426th of 828), and 7,811th of 13,661 in manufacturing. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 415 to 466 since 2022.

Plan summary
Net assets, end of year$12,719,524
Participants with balances426
Active participants466
Employer contributions$627,313
Employee contributions$1,296,842
Employer contribution per active participant$1,346
Average account balance$29,858
Benefits paid to participants$666,995
Plan auditUnmodified (clean) audit opinion
AuditorADAMS BROWN, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 426 accts · $627K emplr
2023$10.2M · 394 accts · $551K emplr
2022$7.3M · 378 accts · $282K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,578
Investment management$34,832
Total administrative$44,410
The Leading Technology Composites Inc. 401(k) match · 2024
Employer contribution per active participant$1,346
Median for plans this size$2,416
2024$1,346 per active participant
2023$1,211 per active participant
2022$680 per active participant

Leading Technology Composites Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20242
KEATING FINANCIAL ADVISORY SERVICES · Recordkeeping · Loan processing$34,832
NATIONWIDE · Recordkeeping · Loan processing$28,650

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

Recordkeeper by year2
2024KEATING FINANCIAL ADVISORY SERVICES, Nationwide
2023KEATING AND ASSOCIATES INC, KEATING FINANCIAL ADVISORY SERVICES, Nationwide

This plan has changed recordkeepers within these filings. If you left Leading Technology Composites Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$44,410 · 0.39%
2023$66,975 · 0.77%
2022$53,607 · 0.70%
Same employer
Similar plansManufacturing · Kansas
Kalmar Solutions, LLC KS$13.4M · 0.34%
Wolfe Electric, Inc. KS$13.3M · 0.30%
Cereal Ingredients Inc KS$13.2M · 0.14%
Cross Manufacturing, Inc. KS$12.8M · 0.36%
Earp Meat Company Inc KS$12.7M · 0.48%
Lowen Corporation KS$12.3M · 0.50%
Knit-Rite, LLC KS$12.1M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481141008 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.