Plan Ledger DOL Form 5500 · updated monthly

Logistics & Environmental Solutions Corporation401(k)

LOGISTICS AND ENVIRONMENTAL SOLUTIONS CORP. 401(K) RETIREMENT PLAN · HUNTSVILLE, AL · plan year 2023

Reported admin expense ratio · 2023
1.16%

Logistics & Environmental Solutions Corporation reported $46,111 in plan administrative expenses for 2023: 1.16% of average plan assets, higher than ~75% of peers. 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 1.07% to 1.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Alabama (669th of 902), and 10,098th of 11,654 in professional & technical services. active participation has shrunk from 139 to 110 since 2022.

Plan summary
Net assets, end of year$4,184,741
Participants with balances161
Active participants110
Employer contributions—
Employee contributions$155,888
Employer contribution per active participant—
Average account balance$25,992
Benefits paid to participants$393,453
Plan auditUnmodified (clean) audit opinion
AuditorJAMISONMONEYFARMER PC
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 133 accts · $988 emplr
2023$4.2M · 161 accts
2022$3.8M · 173 accts · $51K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$28,211
Audit (IQPA)$17,900
Total administrative$46,111
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$28,188
JAMISONMONEYFAMER PC · Accounting / audit$17,900

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$46,484 · 1.13%
2023$46,111 · 1.16%
2022$45,701 · 1.07%
Same employer
Similar plansProfessional & Technical Services · Alabama
Charter HR, Inc. AL$6.1M · 1.19%
Axim Geospatial, LLC AL$5.3M · 1.62%
HC3, Inc. AL$4.6M · 0.80%
Ranger Land Systems, Inc. AL$3.4M · 1.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631071824 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.