Plan Ledger DOL Form 5500 · updated monthly

Leep Enterprises, LLC401(k)

LEEP ENTERPRISES, LLC 401(K) PROFIT SHARING PLAN · MISHAWAKA, IN · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Leep Enterprises, LLC reported $59,050 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $1,686 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 0.20% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 237th-largest of 1,562 plans among Indiana employers on file, and the 547th of 5,215 in retail trade. In 2024, employees put in $2.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$62,370,998
Participants with balances1,295
Active participants1,253
Employer contributions$2,112,929
Employee contributions$6,017,376
Employer contribution per active participant$1,686
Average account balance$48,163
Benefits paid to participants$6,083,495
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.4M · 1,295 accts · $2.1M emplr
2023$52.9M · 1,202 accts · $2.0M emplr
2022$44.5M · 1,076 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,849
Total administrative$59,050
The Leep Enterprises, LLC 401(k) match · 2024
Employer contribution per active participant$1,686
Median for plans this size$3,635
2024$1,686 per active participant
2023$1,527 per active participant
2022$1,391 per active participant

Leep Enterprises, LLC's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$18,849

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$59,050 · 0.10%
2023$17,747 · 0.04%
2022$94,788 · 0.20%
Same employer
Similar plansRetail Trade · Indiana
The Finish Line, Inc. IN$100.9M · 0.40%
Shoe Carnival, Inc. IN$76.1M · 0.07%
Tom Wood, Inc. IN$69.0M · 0.27%
Big C Lumber Co., Inc. IN$44.8M · 0.04%
Gardens Alive Inc. IN$41.9M · 0.49%
Palmer Trucks, Inc. IN$39.7M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271481094 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.