Plan Ledger DOL Form 5500 · updated monthly

Liggett Group Inc.401(k)

PROFIT SHARING PLAN OF LIGGETT GROUP INC. FOR BARGAINING UNIT AND HOURLY EMPLOYEES · MEBANE, NC · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Liggett Group Inc. reported $35,146 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $3,736 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 0.05% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 635th-largest of 2,005 plans among North Carolina employers on file, and the 5,110th of 13,661 in manufacturing. In 2024, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,082,769
Participants with balances224
Active participants211
Employer contributions$788,192
Employee contributions$1,335,263
Employer contribution per active participant$3,736
Average account balance$111,977
Benefits paid to participants$1,986,806
Plan auditUnmodified (clean) audit opinion
AuditorBECHER DELLA TORRE GITTO & COMP
Plan history3
Yearassets · accounts · employer contribution
2024$25.1M · 224 accts · $788K emplr
2023$22.1M · 220 accts · $804K emplr
2022$19.7M · 204 accts · $742K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,146
Total administrative$35,146
The Liggett Group Inc. 401(k) match · 2024
Employer contribution per active participant$3,736
Median for plans this size$2,416
2024$3,736 per active participant
2023$3,465 per active participant
2022$3,357 per active participant

Liggett Group Inc.'s 2024 employer contribution ran above 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 · 20241

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

Administrative cost history3
2024$35,146 · 0.15%
2023$26,225 · 0.13%
2022$11,470 · 0.05%
Similar plansManufacturing · North Carolina
Chandler Concrete Co., Inc. NC$25.8M · 0.41%
Marsh Furniture Company NC$25.7M · 0.31%
Technibilt, LTD. NC$25.4M · 0.66%
Chf Industries Inc NC$25.0M · 0.02%
South Atlantic, LLC NC$24.8M · 0.26%
Tokai Carbon GE LLC NC$24.6M · 0.07%
T.W. Garner Food Company NC$24.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561702115 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.