Plan Snapshot
- Plan Sponsor: Leedsworld, INC.
- Sponsor EIN: 870656991
- Sponsor Address: 400 HUNT VALLEY ROAD, NEW KENSINGTON, PA, 15068
- Plan Type: 401(k)
- Total Participants: 1,810
- Total Assets: $84.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,810 | $84.1M | $3.3M | $5.8M |
| 2023 | 1,706 | $73.9M | $2.9M | $5.2M |
| 2022 | 1,770 | $61.7M | $2.9M | $5.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY WORKPLACE SERVICES, LLC | PLAN ADMINISTRATOR | $203,167 | — | $203,167 |
| GLOBAL RETIREMENT PARTNERS LLC | ADVISOR | $90,096 | — | $90,096 |
| GROSSMAN YANAK & FORD, LLP | ACCOUNTANT/AUDITOR | $7,550 | — | $7,550 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — ADVISOR
- GROSSMAN YANAK & FORD, LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $300,813
- Estimated Expense Ratio: 0.357% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $300,813 | $90,096 | $8,612 | $7,550 | — |
| 2023 | $260,531 | $78,527 | $9,681 | $17,000 | — |
| 2022 | $236,427 | — | — | — | — |