Plan Snapshot
- Plan Sponsor: Leonard'S Express, INC.
- Sponsor EIN: 161595778
- Sponsor Address: 6070 COLLETT ROAD, FARMINGTON, NY, 14425
- Plan Type: 401(k)
- Total Participants: 585
- Total Assets: $29.9M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 585 | $29.9M | $1.4M | $2.6M |
| 2023 | 604 | $26.0M | $1.5M | $2.7M |
| 2022 | 598 | $20.5M | $1.5M | $2.6M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORDKEEPER | $100,846 | — | $100,846 |
| UBS FINANCIAL SERVICES INC. | ADVISOR | $51,504 | — | $51,504 |
| DAVIE KAPLAN CPA | AUDITOR | $8,725 | — | $8,725 |
| DAVIE KAPLAN CPA PC | Auditor | $8,725 | — | $8,725 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORDKEEPER
- UBS FINANCIAL SERVICES INC. — ADVISOR
- DAVIE KAPLAN CPA PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $169,800
- Estimated Expense Ratio: 0.568% 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 | $161,242 | $51,504 | — | $8,725 | — |
| 2023 | $126,453 | $41,112 | — | — | — |
| 2022 | $105,501 | $41,642 | — | — | — |