Plan Snapshot
- Plan Sponsor: Legacy Equipment, LLC
- Sponsor EIN: 272242123
- Sponsor Address: 1704 HWY 412 EAST, PARAGOULD, AR, 72451
- Plan Type: 401(k)
- Total Participants: 125
- Total Assets: $11.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 125 | $11.7M | $294,812 | $625,537 |
| 2023 | 122 | $9.7M | $294,918 | $599,641 |
| 2022 | 116 | $7.7M | $275,907 | $530,697 |
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 |
|---|---|---|---|---|
| HCJ CPAS & ADVISORS PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HCJ CPAS & ADVISORS PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $73,622 | $49,441 | $4,107 | — | — |
| 2023 | $58,801 | $38,933 | $3,995 | — | — |
| 2022 | $53,268 | $33,581 | $19,687 | — | — |