# Leroy Springs &amp; Company, INC. 401(k) Plan
Source: https://planprovider.pro/companies/leroy-springs-company-inc-401k-plan

> Leroy Springs &amp; Company, INC.&#39;s 401(k) plan: 241 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Leroy Springs & Company, INC.

- **Sponsor EIN:** 570344121

- **Sponsor Address:** 2201 HIGHWAY 21 BUSINESS, FORT MILL, SC, 297161209

- **Plan Type:** 401(k)

- **Total Participants:** 241

- **Total Assets:** $7.5M

## 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|241|$7.5M|$355,809|$528,963|

| 2023|144|$7.1M|$406,450|$429,603|

| 2022|121|$5.8M|$213,839|$364,638|

## 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|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$19,756|—|$19,756|

| BUTLER AND STOWE CPAS|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BUTLER AND STOWE CPAS](https://planprovider.pro/provider/butler-and-stowe) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $19,756

- **Estimated Expense Ratio:** 0.263% 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|$23,395|$3,639|$19,756|—|—|

| 2023|$21,073|$2,984|$18,089|—|—|

| 2022|$19,041|$1,479|$17,562|—|—|

## Similar Plans

- [Miracle Hill Ministries, INC.](https://planprovider.pro/companies/miracle-hill-ministries-inc-401k-plan) — 334 participants

- [Goodwill Industries Of Upstate/Midlands South Caro](https://planprovider.pro/companies/goodwill-industries-of-upstate-midlands-south-caro-401k-plan) — 529 participants

- [The Inspirational Network, INC.](https://planprovider.pro/companies/the-inspirational-network-inc-401k-plan) — 659 participants

- [Apella Health Management, INC.](https://planprovider.pro/companies/apella-health-management-inc-401k-plan) — 7,010 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/leroy-springs-company-inc-401k-plan)

&copy; 2026 PlanProvider.Pro
