Plan Ledger DOL Form 5500 · updated monthly

Longust Distributing, LLC401(k)

LONGUST DISTRIBUTING, LLC RETIREMENT SAVINGS PLAN & TRUST · MESA, AZ · plan year 2023

Reported admin expense ratio · 2023
0.40%

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

Longust Distributing, LLC reported $25,400 in plan administrative expenses for 2023: 0.40% of average plan assets, below the peer median. Employer contributions averaged $305 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 has held roughly steady near 0.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Arizona (740th of 1,285), and 3,413th of 4,246 in wholesale trade. In 2023, employees put in $12.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,591,626
Participants with balances123
Active participants99
Employer contributions$30,157
Employee contributions$381,958
Employer contribution per active participant$305
Average account balance$53,590
Benefits paid to participants$709,674
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$6.6M · 123 accts · $30K emplr
2022$6.0M · 127 accts · $31K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,400
Total administrative$25,400
The Longust Distributing, LLC 401(k) match · 2023
Employer contribution per active participant$305
Median for plans this size$1,308
2023$305 per active participant
2022$294 per active participant

Longust Distributing, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping · Loan processing$25,400
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$25,400 · 0.40%
2022$28,412 · 0.42%
Same employer
Similar plansWholesale Trade · Arizona
Metro Fire Equipment AZ$7.8M · 0.01%
Arizona Partsmaster, LLC AZ$7.0M · 0.70%
Arizona Fasteners Corp AZ$6.3M · 1.31%
Tilt Holdings Inc. AZ$1.9M · 1.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814777536 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.