Plan Ledger DOL Form 5500 · updated monthly

Luckett & Farley Holding Company, Inc.401(k)

LUCKETT & FARLEY 401(K) PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Luckett & Farley Holding Company, Inc. reported $44,205 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $1,294 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 0.05% to 0.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Kentucky (467th of 871), and 7,957th of 11,654 in professional & technical services. In 2024, employees put in $6.73 for every $1.00 the employer contributed; active participation has grown from 67 to 86 since 2022.

Plan summary
Net assets, end of year$10,156,257
Participants with balances115
Active participants86
Employer contributions$111,303
Employee contributions$748,951
Employer contribution per active participant$1,294
Average account balance$88,315
Benefits paid to participants$1,375,464
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 115 accts · $111K emplr
2023$8.4M · 117 accts · $88K emplr
2022$9.4M · 125 accts · $79K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,205
Total administrative$44,205
The Luckett & Farley Holding Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,294
Median for plans this size$1,313
2024$1,294 per active participant
2023$1,088 per active participant
2022$1,184 per active participant

Luckett & Farley Holding Company, Inc.'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$42,480
ORENDA RETIREMENT LLC · Contract administrator · Other services$1,725
ONEDIGITAL INVESTMENT ADVISORS · 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$44,205 · 0.48%
2023$11,816 · 0.13%
2022$4,483 · 0.05%
All plans at this employer2
LUCKETT & FARLEY 401(K) PLAN401(k)
LUCKETT & FARLEY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST AGREEMENTESOP
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Source: U.S. Department of Labor, Form 5500 series, EIN 461647927 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.