Plan Ledger DOL Form 5500 · updated monthly

Ledge Lounger, Inc.401(k)

LEDGE LOUNGER 401(K) RETIREMENT PLAN · KATY, TX · plan year 2025

Reported admin expense ratio · 2025
2.79%

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

Ledge Lounger, Inc. reported $14,521 in plan administrative expenses for 2025: 2.79% of average plan assets, higher than ~75% of peers. 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 2 years on file its reported administrative ratio fell from 5.37% to 2.79%. The plan sits in the under $1M size bracket, benchmarked here against 55 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (5,398th of 5,688), and 5,038th of 5,215 in retail trade. active participation has shrunk from 132 to 91 since 2023.

Plan summary
Net assets, end of year$624,092
Participants with balances136
Active participants91
Employer contributions$0
Employee contributions$222,615
Employer contribution per active participant$0
Average account balance$4,589
Benefits paid to participants$92,739
Plan auditUnmodified (clean) audit opinion
AuditorKIMBERLIN COMPANY
Plan history3
Yearassets · accounts · employer contribution
2025$624K · 136 accts
2024$416K · 163 accts
2023$153K · 108 accts · $224 emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$11,818
Investment management$2,687
Total administrative$14,521
The Ledge Lounger, Inc. 401(k) match · 2025
Employer contribution per active participant$0
Median for plans this size$472

Ledge Lounger, Inc.'s 2025 employer contribution ran below the $472 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (participants)indirect comp
KESTRA ADVISORY SERVICES · Investment advisory (participants)indirect comp
WILSHIRE ASSOCIATES INC · Investment advisory (participants)indirect comp

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

Recordkeeper by year3
2025John Hancock
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2025$14,521 · 2.79%
2024$7,545 · 2.65%
2023$8,222 · 5.37%
Same employer
Similar plansRetail Trade · Texas
Chaparral Insulation Co. TX$732K · 0.36%
Tennis Express, LLC TX$678K · 0.91%
Northwest Petroleum, LP TX$556K · 1.25%
Mr. Cartender, Inc. TX$528K · 0.72%
J P & a Holdings LLC TX$400K · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475342337 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.