Retirement plan

LELAND LITTLE AUCTIONS, LTD 401(K) PROFIT SHARING PLAN

Name: LELAND LITTLE AUCTIONS, LTD - LELAND LITTLE AUCTIONS, LTD 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: LELAND LITTLE AUCTIONS, LTD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LELAND LITTLE AUCTIONS, LTD 401(K) PROFIT SHARING PLAN, LELAND LITTLE AUCTIONS, LTD

LELAND LITTLE AUCTIONS, LTDEIN 56-2201216Plan #001PY 2024

620 CORNERSTONE COURT - HILLSBOROUGH, NC 27278919-644-1243lelandlittle.comLinkedIn11-50 employeesfine art

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.4M

+24.5% from 2023

Total participants

+4.5% from 2023

Average account balance

$56,725

+21.5% from 2023

Annual return

15.69%

-5.92 pp from 2023

Benchmarks

See 2,437 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort2,437 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$2.82M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$71K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$284K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+20.41%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$8213

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$95K

$2580 / participant

Other / not subdivided$95K100.0%

% of EOY assets

4.006%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$56,725

$61,789-8.2%

$97,167-41.6%

$80,874-29.9%

Participation rate

89.2%

63.5%+25.7pp

72.7%+16.5pp

67.6%+21.5pp

Annual return

15.69%

-557.90%+573.6pp

75.27%-59.6pp

35.62%-19.9pp

Employer contribution / active EE

$2,342

$1,837+27.5%

$2,729-14.2%

$2,756-15.0%

Participant deferral / active EE

$4,783

$3,028+57.9%

$4,264+12.2%

$4,297+11.3%

Admin fee / account holder

$2,273

$5,168-56.0%

$5,650-59.8%

$6,935-67.2%

LELAND LITTLE AUCTIONS, LTD 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LELAND LITTLE AUCTIONS, LTD 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion