Plan Ledger DOL Form 5500 · updated monthly

Little General Store, Inc.401(k)

LITTLE GENERAL STORE, INC. 401(K) PLAN · BECKLEY, WV · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Little General Store, Inc. reported $25,106 in plan administrative expenses for 2024: 0.33% of average plan assets, below the peer median. Employer contributions averaged $112 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 0.48% to 0.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in West Virginia (155th of 265), and 3,000th of 5,215 in retail trade. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 1,091 to 2,312 since 2022.

Plan summary
Net assets, end of year$8,166,106
Participants with balances113
Active participants2,312
Employer contributions$259,234
Employee contributions$464,186
Employer contribution per active participant$112
Average account balance$72,266
Benefits paid to participants$395,214
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 113 accts · $259K emplr
2023$6.9M · 113 accts · $233K emplr
2022$6.6M · 104 accts · $90K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,883
Investment management$223
Total administrative$25,106
The Little General Store, Inc. 401(k) match · 2024
Employer contribution per active participant$112
Median for plans this size$1,313
2024$112 per active participant
2023$200 per active participant
2022$82 per active participant

Little General Store, Inc.'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,419

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$25,106 · 0.33%
2023$43,815 · 0.65%
2022$35,309 · 0.48%
Same employer
Similar plansRetail Trade · West Virginia
Go-Mart, Inc. WV$12.9M · 0.36%
Forth Foods, Inc WV$12.7M · 0.54%
Discount Emporium, Inc. WV$6.6M · 0.22%
Kings Tire Service, Inc. WV$5.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550548701 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.