Plan Ledger DOL Form 5500 · updated monthly

Leedo Manufacturing Co., L.P.401(k)

LEEDO 401(K) PLAN · STAFFORD, TX · plan year 2024

Reported admin expense ratio · 2024
1.56%

Leedo Manufacturing Co., L.P. reported $100,238 in plan administrative expenses for 2024: 1.56% of average plan assets, higher than ~90% of peers. 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 1.34% to 1.56%. 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 Texas (3,612th of 5,688), and 10,167th of 13,661 in manufacturing. active participation has shrunk from 465 to 417 since 2022.

Plan summary
Net assets, end of year$7,010,285
Participants with balances540
Active participants417
Employer contributions—
Employee contributions$981,749
Employer contribution per active participant—
Average account balance$12,982
Benefits paid to participants$438,712
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 540 accts
2023$5.9M · 614 accts
2022$4.6M · 642 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,606
Investment management$15,632
Total administrative$100,238
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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$50,422
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$34,184
WELLS FARGO ADVISORS, LLC · Investment advisory (plan)$15,632

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

Recordkeeper by year2
2024ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica
2023ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica

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Administrative cost history3
2024$100,238 · 1.56%
2023$81,906 · 1.57%
2022$66,039 · 1.34%
Same employer
Similar plansManufacturing · Texas
Evergreen Recycling, LLC TX$7.1M · 1.14%
Sphero, Inc. TX$7.1M · 0.34%
Panel Specialists, Inc. TX$6.9M · 0.76%
Hyliion, Inc. TX$6.8M · 1.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741657212 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.