Plan Ledger DOL Form 5500 · updated monthly

Legacy Equipment, LLC401(k)

LEGACY EQUIPMENT, LLC 401(K) AND PROFIT SHARING PLAN · PARAGOULD, AR · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Legacy Equipment, LLC reported $73,622 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,358 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 0.65% to 0.69%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 209th-largest of 456 plans among Arkansas employers on file, and 2,707th of 4,246 in wholesale trade. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,705,673
Participants with balances127
Active participants125
Employer contributions$294,812
Employee contributions$625,537
Employer contribution per active participant$2,358
Average account balance$92,171
Benefits paid to participants$474,826
Plan auditUnmodified (clean) audit opinion
AuditorHCJ CPAS & ADVISORS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 127 accts · $295K emplr
2023$9.7M · 127 accts · $295K emplr
2022$7.7M · 117 accts · $276K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,181
Investment management$49,441
Total administrative$73,622
The Legacy Equipment, LLC 401(k) match · 2024
Employer contribution per active participant$2,358
Median for plans this size$2,416
2024$2,358 per active participant
2023$2,417 per active participant
2022$2,379 per active participant

Legacy Equipment, LLC's 2024 employer contribution ran below the $2,416 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 · 20242
CPI QUALIFIED PLAN CONSULTANTS, INC · Recordkeeping · Pension consulting$24,180
STEPHENS · Investment advisory (plan)$44,946

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

Recordkeeper by year2
2024CPI QUALIFIED PLAN CONSULTANTS, INC
2023CPI QUALIFIED PLAN CONSULTANTS, INC

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

Administrative cost history3
2024$73,622 · 0.69%
2023$58,801 · 0.67%
2022$53,268 · 0.65%
Similar plansWholesale Trade · Arkansas
The Harvest Group, LLC. AR$31.5M · 0.07%
Team Direct Management LLC AR$25.0M · 0.68%
Timber Automation, LLC AR$11.5M · 0.53%
Sanders Supply AR$11.3M · 0.60%
Coulson Oil Company, Inc. AR$10.8M · 0.02%
S & H Systems, Inc. AR$9.9M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272242123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.