Plan Ledger DOL Form 5500 · updated monthly

Legacy Housing Corporation401(k)

LEGACY HOUSING CORPORATION 401(K) PLAN · FORT WORTH, TX · plan year 2024

Reported admin expense ratio · 2024
2.79%

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

Legacy Housing Corporation reported $58,329 in plan administrative expenses for 2024: 2.79% of average plan assets, higher than ~90% of peers. Employer contributions averaged $579 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 6.72% to 2.79%. 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 (4,812th of 5,688), and 12,691st of 13,661 in manufacturing. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has shrunk from 646 to 488 since 2022.

Plan summary
Net assets, end of year$2,275,107
Participants with balances498
Active participants488
Employer contributions$282,719
Employee contributions$561,667
Employer contribution per active participant$579
Average account balance$4,568
Benefits paid to participants$569,230
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 498 accts · $283K emplr
2023$1.9M · 458 accts · $274K emplr
2022$1.3M · 646 accts · $273K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,184
Investment management$145
Total administrative$58,329
The Legacy Housing Corporation 401(k) match · 2024
Employer contribution per active participant$579
Median for plans this size$1,313
2024$579 per active participant
2023$598 per active participant
2022$423 per active participant

Legacy Housing Corporation's 2024 employer contribution ran below the $1,313 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
ADP, INC. · Loan processing · Recordkeeping$58,329

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$58,329 · 2.79%
2023$69,387 · 4.32%
2022$70,327 · 6.72%
Same employer
Similar plansManufacturing · Texas
Poole Chemical Co. Inc. TX$2.4M · 0.69%
Api Group Holding, Inc TX$2.4M · 0.38%
Quest USA Inc TX$2.3M · 1.22%
Stanpac USA, LLC TX$2.2M · 1.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202897516 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.