Plan Ledger DOL Form 5500 · updated monthly

Leclerc Foods USA, Inc.401(k)

THE LECLERC 401(K) PLAN · MONTGOMERY, PA · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Leclerc Foods USA, Inc. reported $41,542 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $934 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 rose from 0.36% to 0.54%. 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 Pennsylvania (2,521st of 3,651), and 9,651st of 13,661 in manufacturing. In 2024, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,053,584
Participants with balances205
Active participants456
Employer contributions$426,057
Employee contributions$795,074
Employer contribution per active participant$934
Average account balance$39,286
Benefits paid to participants$2,139,824
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 205 accts · $426K emplr
2023$7.4M · 220 accts · $454K emplr
2022$6.1M · 194 accts · $368K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,192
Investment management$21,350
Total administrative$41,542
The Leclerc Foods USA, Inc. 401(k) match · 2024
Employer contribution per active participant$934
Median for plans this size$1,313
2024$934 per active participant
2023$1,011 per active participant
2022$822 per active participant

Leclerc Foods USA, Inc.'s 2024 employer contribution ran below the $1,313 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
SECURITIES AMERICA ADVISORS INC · Investment advisory (plan)$19,163
EMPOWER ADVISORY GROUP, LLC · Investment management$2,187

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$41,542 · 0.54%
2023$37,036 · 0.55%
2022$21,902 · 0.36%
Same employer
Similar plansManufacturing · Pennsylvania
Superbolt Inc PA$8.2M · 0.31%
Chester a Asher Inc PA$8.0M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680500243 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.