Plan Ledger DOL Form 5500 · updated monthly

Ledwell & Son Enterprises, Inc.401(k)

LEDWELL & SON ENTERPRISES, INC. 401K PLAN & TRUST · TEXARKANA, TX · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Ledwell & Son Enterprises, Inc. reported $48,488 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $3,522 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 0.06% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 850th-largest of 5,688 plans among Texas employers on file, and the 2,504th of 13,661 in manufacturing. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$68,549,422
Participants with balances572
Active participants471
Employer contributions$1,658,927
Employee contributions$2,307,638
Employer contribution per active participant$3,522
Average account balance$119,842
Benefits paid to participants$4,308,093
Plan auditUnmodified (clean) audit opinion
AuditorHEARD MCELROY & VESTAL, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$68.5M · 572 accts · $1.7M emplr
2023$60.3M · 530 accts · $1.1M emplr
2022$52.9M · 498 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,175
Investment management$35,813
Total administrative$48,488
The Ledwell & Son Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$3,522
Median for plans this size$3,635
2024$3,522 per active participant
2023$2,479 per active participant
2022$2,901 per active participant

Ledwell & Son Enterprises, Inc.'s 2024 employer contribution ran below the $3,635 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
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$35,776
RAYMOND JAMES FINANCIAL SERVICES ADindirect comp

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$48,488 · 0.08%
2023$40,555 · 0.07%
2022$35,048 · 0.06%
Same employer
Similar plansManufacturing · Texas
Dzs Inc. TX$72.8M · 0.02%
Thermon, Inc. TX$70.9M · 0.20%
Bayport Polymers LLC TX$69.8M · 0.16%
Tt Group Industries, Inc. TX$69.2M · 0.19%
Pembina US Corporation TX$68.3M · 0.09%
Valtir, LLC TX$68.2M · 0.18%
Ticom Geomatics, Inc. TX$67.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751090276 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.