Plan Ledger DOL Form 5500 · updated monthly

Louca Mold and Aerospace Machining, Inc. dba Legacy Industries401(k)

LEGACY INDUSTRIES, INC. 401(K) PLAN AND TRUST · AUBURN HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Louca Mold and Aerospace Machining, Inc. dba Legacy Industries reported $9,111 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.12% to 0.13%. 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 Michigan (1,726th of 2,619), and 9,791st of 13,661 in manufacturing. active participation has grown from 255 to 320 since 2022.

Plan summary
Net assets, end of year$7,746,670
Participants with balances173
Active participants320
Employer contributions$0
Employee contributions$1,152,200
Employer contribution per active participant$0
Average account balance$44,778
Benefits paid to participants$613,049
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 173 accts
2023$5.9M · 167 accts
2022$4.6M · 140 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,625
Investment management$1,794
Total administrative$9,111
The Louca Mold and Aerospace Machining, Inc. dba Legacy Industries 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Louca Mold and Aerospace Machining, Inc. dba Legacy Industries'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 · 20243
VOYA RETIREMENT INS AND ANNUITY CO. · Investment advisory (participants)$7,299
GREAT LAKES PENSION ASSOCIATES, INC · Claims processing · Contract administrator$4,100
MORNINGSTAR · Investment advisory (plan)indirect 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$9,111 · 0.13%
2023$9,504 · 0.18%
2022$5,880 · 0.12%
Same employer
Similar plansManufacturing · Michigan
Coldwater Veneer, Inc. MI$7.9M · 0.29%
Allied Finishing, Inc. MI$7.8M · 0.71%
Tribar Manufacturing, LLC MI$7.8M · 0.20%
Superior Extrusion, Inc. MI$7.7M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382026714 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.