Plan Ledger DOL Form 5500 · updated monthly

Little Giant Ladder Systems, LLC401(k)

LITTLE GIANT LADDER SYSTEMS 401(K) PLAN · SPRINGVILLE, UT · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Little Giant Ladder Systems, LLC reported $39,833 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $732 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 0.39% to 0.43%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Utah (466th of 848), and 8,881st of 13,661 in manufacturing. In 2024, employees put in $4.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,803,385
Participants with balances271
Active participants225
Employer contributions$164,655
Employee contributions$672,669
Employer contribution per active participant$732
Average account balance$36,175
Benefits paid to participants$875,138
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 271 accts · $165K emplr
2023$8.9M · 267 accts · $121K emplr
2022$9.5M · 362 accts · $194K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,944
Investment management$2,889
Total administrative$39,833
The Little Giant Ladder Systems, LLC 401(k) match · 2024
Employer contribution per active participant$732
Median for plans this size$1,313
2024$732 per active participant
2023$634 per active participant
2022$781 per active participant

Little Giant Ladder Systems, LLC's 2024 employer contribution ran below the $1,313 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$2,889
KESTRA INVESTMENT SERVICES LLCindirect comp

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$39,833 · 0.43%
2023$39,961 · 0.43%
2022$37,785 · 0.39%
Same employer
Similar plansManufacturing · Utah
Utah Medical Products, Inc. UT$11.1M · 0.00%
Stadler US Inc UT$10.8M · 1.13%
Hudson Printing Co UT$10.1M · 0.24%
Kodiak Cakes, LLC UT$9.7M · 0.39%
Mity-Lite, Inc. UT$9.5M · 0.56%
Thermoworks, Inc. UT$9.4M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870375210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.