Plan Ledger DOL Form 5500 · updated monthly

Leap Group Network, LLC401(k)

LEAP GROUP NETWORK, LLC 401(K) PROFIT SHARING PLAN & TRUST · LOUISVILLE, KY · plan year 2023

Reported admin expense ratio · 2023
0.77%

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

Leap Group Network, LLC reported $34,313 in plan administrative expenses for 2023: 0.77% of average plan assets, above the peer median. 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 1 year on file its reported administrative ratio fell from 0.85% to 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Kentucky (645th of 871), and 9,813th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$4,990,928
Participants with balances90
Active participants92
Employer contributions$0
Employee contributions$396,445
Employer contribution per active participant$0
Average account balance$55,455
Benefits paid to participants$76,657
Plan auditUnmodified (clean) audit opinion
AuditorDAVID L. BUK, CPA
Plan history2
Yearassets · accounts · employer contribution
2023$5.0M · 90 accts
2022$3.9M · 101 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$16,195
Total administrative$34,313
The Leap Group Network, LLC 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Leap Group Network, LLC'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
LEAP GROUP NETWORK LLC$18,118
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$16,195

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$34,313 · 0.77%
2022$36,816 · 0.85%
Similar plansProfessional & Technical Services · Kentucky
Http Holdings, LLC KY$6.2M · 1.19%
Seek Now, Inc. KY$5.9M · 0.04%
Protect Environmental LLC KY$5.6M · 0.06%
Altano U.S., LLC KY$3.8M · 1.30%
Wabuck Development, Inc. KY$3.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841796940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.