Plan Ledger DOL Form 5500 · updated monthly

Legacy Operating Company, LLC401(k)

LEGACY OPERATING COMPANY, LLC 401(K) PLAN · DAPHNE, AL · plan year 2024

Reported admin expense ratio · 2024
1.49%

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

Legacy Operating Company, LLC reported $16,788 in plan administrative expenses for 2024: 1.49% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 0.70% to 1.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Alabama (850th of 902), and 10,785th of 11,911 in health care & social assistance. active participation has shrunk from 353 to 250 since 2022.

Plan summary
Net assets, end of year$1,140,096
Participants with balances229
Active participants250
Employer contributions$0
Employee contributions$109,134
Employer contribution per active participant$0
Average account balance$4,979
Benefits paid to participants$199,002
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.1M · 229 accts
2023$1.1M · 238 accts
2022$836K · 146 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,788
Total administrative$16,788
The Legacy Operating Company, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Legacy Operating Company, LLC'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 · 20244
ADP, INC. · Loan processing · Recordkeeping$1,175
RETIREMENT FUND MANAGEMENTindirect comp
MY BENEFITS, LLC · Other servicesindirect comp
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)indirect comp

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$16,788 · 1.49%
2023$10,113 · 1.04%
2022$4,839 · 0.70%
Same employer
Similar plansHealth Care & Social Assistance · Alabama
Community Senior Life AL$1.5M · 1.78%
Shoals Primary Care, LLC AL$1.4M · 0.22%
The Bridge, Inc. AL$1.2M · 0.11%
Pahos, Inc AL$927K · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 843242066 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.