Leroy Springs 401(k) match, vesting and fees

Plan year 2024 filingLeroy Springs & Company, Inc. 401(k) Savings and Retirement Plan · Plan 002 · EIN 57-0344121Updated Oct 2026

What Leroy Springs' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $356K in employer contributions, about $1,328 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$27,989
Average account balance
281
Participants (end of year)
$7.5M
Plan assets (end of year)
0.32%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperPrincipal Life Insurance CompanySchedule C ↗
Independent auditorButler and Stowe Cpas (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 2,561 defined-contribution plans in other services with 100 to 499 participants.

Leroy Springs: employer contribution per participant$1,328
Peer median$1,803
Leroy Springs: average balance$27,989
Peer median$48,934
Leroy Springs: admin expenses ÷ assets0.32%
Peer median0.31%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $6.5M at the end of plan year 2021 to $7.5M at the end of plan year 2024.

$6.5M2021$5.8M2022$7.1M2023$7.5M2024
End-of-year figures from each plan year's Form 5500 filing for the Leroy Springs plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024281$7.5M$356K$1,3280.32%Not publishedForm 5500 ↗
2023173$7.1M$406K$2,4050.33%Not publishedForm 5500 ↗
2022150$5.8M$214K$1,4750.31%Not publishedForm 5500 ↗
2021141$6.5M$197K$1,4400.32%Not publishedForm 5500 ↗

Other Leroy Springs plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Leroy Springs & Company, Inc. Noncontributory Retirement Plan

Plan 001 · EIN 57-0344121 · plan year 2024 filing
$45,241
Average account balance
101
Participants (end of year)
$4.6M
Plan assets (end of year)
0.78%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperPrincipalSchedule C ↗
Independent auditorButler & Stowe (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · FrozenForm 5500 ↗

Common questions

Does Leroy Springs match 401(k) contributions?

The match terms for the Leroy Springs & Company, Inc. 401(k) Savings and Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $356K in employer contributions, about $1,328 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Leroy Springs 401(k) match vested?

The vesting schedule for the Leroy Springs & Company, Inc. 401(k) Savings and Retirement Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Leroy Springs 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Leroy Springs & Company, Inc..

I left Leroy Springs. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Leroy Springs & Company, Inc., (803) 547-1004) or the recordkeeper, Principal Life Insurance Company. The Leroy Springs old 401(k) page lists the contacts from every plan filing. Find an old Leroy Springs 401(k)

Data from the public Form 5500 annual reports Leroy Springs filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Leroy Springs. Not financial advice. Report a correction · Methodology