Plan Ledger DOL Form 5500 · updated monthly

Liggett Vector Brands LLC401(k)

LIGGETT VECTOR BRANDS SAVINGS PLAN · MORRISVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Liggett Vector Brands LLC reported $59,432 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $2,969 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 0.00% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 283rd-largest of 2,005 plans among North Carolina employers on file, and the 572nd of 4,246 in wholesale trade. In 2024, employees put in $2.70 for every $1.00 the employer contributed; active participation has shrunk from 404 to 340 since 2022.

Plan summary
Net assets, end of year$72,032,203
Participants with balances417
Active participants340
Employer contributions$1,009,599
Employee contributions$2,724,828
Employer contribution per active participant$2,969
Average account balance$172,739
Benefits paid to participants$9,592,976
Plan auditUnmodified (clean) audit opinion
AuditorBECHER DELLA TORRE GITTO & COMP
Plan history3
Yearassets · accounts · employer contribution
2024$72.0M · 417 accts · $1.0M emplr
2023$67.9M · 401 accts · $1.0M emplr
2022$57.7M · 375 accts · $837K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,432
Total administrative$59,432
The Liggett Vector Brands LLC 401(k) match · 2024
Employer contribution per active participant$2,969
Median for plans this size$3,635
2024$2,969 per active participant
2023$2,971 per active participant
2022$2,071 per active participant

Liggett Vector Brands LLC's 2024 employer contribution ran below the $3,635 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$59,432 · 0.08%
2023$38,054 · 0.06%
2022$456 · 0.00%
Same employer
Similar plansWholesale Trade · North Carolina
Cornerstone Biopharma, Inc. NC$85.5M · 0.32%
ARC3 Gases, Inc. NC$77.2M · 0.08%
Baker & Taylor, LLC NC$73.1M · 0.10%
Fluid-Flow Products, Inc. NC$70.9M · 0.52%
Quality Oil Company, LLC NC$70.3M · 0.28%
Guerbet America LLC NC$65.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743040463 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.