Plan Ledger DOL Form 5500 · updated monthly

Lsp Holdco LLC401(k)

LEGACY SERVICES PARTNERS, LLC 401(K) PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Lsp Holdco LLC reported $143,715 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,914 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 0.19% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 718th-largest of 3,644 plans among Florida employers on file, and the 1,371st of 5,337 in construction. In 2024, employees put in $1.42 for every $1.00 the employer contributed; active participation has grown from 398 to 1,363 since 2022.

Plan summary
Net assets, end of year$35,187,105
Participants with balances1,759
Active participants1,363
Employer contributions$3,971,138
Employee contributions$5,655,322
Employer contribution per active participant$2,914
Average account balance$20,004
Benefits paid to participants$5,901,650
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.2M · 1,759 accts · $4.0M emplr
2023$16.6M · 1,411 accts · $2.0M emplr
2022$3.0M · 307 accts · $367K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$79,906
Investment management$63,809
Total administrative$143,715
The Lsp Holdco LLC 401(k) match · 2024
Employer contribution per active participant$2,914
Median for plans this size$2,416
2024$2,914 per active participant
2023$1,931 per active participant
2022$921 per active participant

Lsp Holdco LLC's 2024 employer contribution ran above the $2,416 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 · 20244
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$67,150
ELLSWORTH ADVISORS LLC · Investment advisory (plan)$16,491
EMPOWER ADVISORY GROUP, LLC · Investment management$7,012

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$143,715 · 0.56%
2023$25,105 · 0.26%
2022$5,540 · 0.19%
Same employer
Similar plansConstruction · Florida
Nc Employment Group, Inc. FL$37.0M · 0.30%
Apg Electric, Inc FL$33.2M · 0.03%
Oec USA, Inc. FL$29.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 863938599 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.