Plan Ledger DOL Form 5500 · updated monthly

Leedstone, Inc.401(k)

LEEDSTONE 401(K) PLAN · MELROSE, MN · plan year 2022

Reported admin expense ratio · 2022
0.63%

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

Leedstone, Inc. reported $24,620 in plan administrative expenses for 2022: 0.63% of average plan assets, above the peer median. Employer contributions averaged $381 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Minnesota (1,684th of 1,918), and 712th of 945 in agriculture, forestry & fishing. In 2022, employees put in $7.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,589,052
Participants with balances82
Active participants118
Employer contributions$44,921
Employee contributions$350,791
Employer contribution per active participant$381
Average account balance$43,769
Benefits paid to participants$236,374
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$24,620
Total administrative$24,620
The Leedstone, Inc. 401(k) match · 2022
Employer contribution per active participant$381
Median for plans this size$1,114

Leedstone, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$24,620 · 0.63%
Similar plansAgriculture, Forestry & Fishing · Minnesota
Lakes Area Cooperative MN$8.7M · 0.56%
Hord Farms West LLP MN$6.9M · 0.29%
Dubow Textile, Inc. MN$3.1M · 0.94%
Forsman Farms, Inc. MN$2.3M · 0.14%
Waymouth Farms, Inc. MN$1.9M · 0.93%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 411766421 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.