Plan Ledger DOL Form 5500 · updated monthly

Leatherman Tool Group, Inc.401(k)

LEATHERMAN TOOL GROUP 401(K) RETIREMENT PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Leatherman Tool Group, Inc. reported $131,848 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $3,385 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 0.35% to 0.30%. 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 the 195th-largest of 1,021 plans among Oregon employers on file, and the 3,303rd of 13,661 in manufacturing. In 2024, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$46,901,118
Participants with balances658
Active participants510
Employer contributions$1,726,475
Employee contributions$2,729,897
Employer contribution per active participant$3,385
Average account balance$71,278
Benefits paid to participants$4,384,727
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.9M · 658 accts · $1.7M emplr
2023$41.8M · 639 accts · $1.5M emplr
2022$34.6M · 619 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,952
Investment management$104,896
Total administrative$131,848
The Leatherman Tool Group, Inc. 401(k) match · 2024
Employer contribution per active participant$3,385
Median for plans this size$2,416
2024$3,385 per active participant
2023$2,956 per active participant
2022$2,872 per active participant

Leatherman Tool Group, Inc.'s 2024 employer contribution ran above 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$61,243
LION STREET ADVISORS LLC · Investment advisory (plan)$43,653

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$131,848 · 0.30%
2023$131,516 · 0.34%
2022$131,972 · 0.35%
Same employer
Similar plansManufacturing · Oregon
R.B. Pamplin Corporation OR$52.3M · 0.12%
Collins Pine Company OR$52.3M · 0.04%
Fujimi Corporation OR$48.2M · 0.01%
Farwest Steel Corporation OR$47.9M · 0.29%
South Coast Lumber Co. OR$45.4M · 0.37%
Bright Wood Corporation OR$44.5M · 0.42%
Lacrosse Footwear, Inc. OR$43.8M · 0.16%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 930841712 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.