Plan Ledger DOL Form 5500 · updated monthly

Leith, Inc.401(k)

LEITH, INC. 401(K) PROFIT SHARING PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Leith, Inc. reported $23,547 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $985 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 3 years on file its reported administrative ratio has held roughly steady near 0.017%. 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 152nd-largest of 2,005 plans among North Carolina employers on file, and the 276th of 5,215 in retail trade. In 2024, employees put in $4.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$146,247,694
Participants with balances2,922
Active participants1,894
Employer contributions$1,865,230
Employee contributions$8,311,969
Employer contribution per active participant$985
Average account balance$50,051
Benefits paid to participants$13,194,092
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$146.2M · 2,922 accts · $1.9M emplr
2023$130.1M · 2,572 accts · $1.8M emplr
2022$108.6M · 2,303 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,217
Total administrative$23,547
The Leith, Inc. 401(k) match · 2024
Employer contribution per active participant$985
Median for plans this size$3,635
2024$985 per active participant
2023$1,028 per active participant
2022$1,060 per active participant

Leith, Inc.'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 · 20243
MILLIMAN, INC. · Recordkeeping · Pension consulting$22,217
MATRIX TRUST COMPANY · Trusteeindirect comp
DELOITTE & TOUCHE LLP · Accounting / auditindirect 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
2024Milliman
2023Milliman

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

Administrative cost history3
2024$23,547 · 0.02%
2023$26,218 · 0.02%
2022$19,959 · 0.02%
Same employer
Similar plansRetail Trade · North Carolina
Ingles Markets, Incorporated NC$196.8M · 0.13%
Weisiger Group Inc NC$166.9M · 0.20%
Carolina Dealerships Inc. NC$112.2M · 0.73%
Rack Room Shoes, Inc. NC$80.7M · 0.27%
Driven Brands Inc. NC$79.9M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560929494 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.