Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Larson Texts
Larson Texts 401(k)
- Information
- Erie, PA
- EIN 25-1685733
- 1 plan with Schedule H financials
- Plan year 2024
- Larson Texts, Inc.
Administrative expenses excluding investment management, per participant · Larson Texts, Inc. Employees' Savings and Retirement Plan · plan year 2024
$91.95
Higher than 39% of the 24,371 plans $10 to 50M that report it.
Source
= $19,034 / 207
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250923071942NAL0006499328001, received 2025-09-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250923071942NAL0006499328001, received 2025-09-23
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-23.
Cost and contributions
Administrative expenses per participant
$308.58
Higher than 73% of the 25,098 plans $10 to 50M that report it.
Source
= $63,876 / 207
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250923071942NAL0006499328001, received 2025-09-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250923071942NAL0006499328001, received 2025-09-23
Administrative expenses as a share of assets
0.321%
Higher than 56% of the 25,132 plans $10 to 50M that report it.
Source
= $63,876 / $19,906,494
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250923071942NAL0006499328001, received 2025-09-23
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250923071942NAL0006499328001, received 2025-09-23
Employer contributions per participant
$2,892
Higher than 70% of the 24,050 plans $10 to 50M that report it.
Source
= $598,604 / 207
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250923071942NAL0006499328001, received 2025-09-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250923071942NAL0006499328001, received 2025-09-23
Employer share of total contributions
33.7%
Higher than 71% of the 24,084 plans $10 to 50M that report it.
Source
= $598,604 / $1,778,903
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250923071942NAL0006499328001, received 2025-09-23
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250923071942NAL0006499328001, received 2025-09-23
Plan terms, as stated in Larson Texts, Inc.'s SEC filings
Plan terms are not published in public filings.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250923071942NAL0006499328001, received 2025-09-23
Full record, Larson Texts, Inc. Employees' Savings and Retirement Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | LARSON TEXTS, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Plan name | LARSON TEXTS, INC. EMPLOYEES' SAVINGS AND RETIREMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Sponsor EIN / plan number | 25-1685733 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Sponsor location | ERIE, PA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Industry (business code) | 519100, Information | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Filing received | 2025-09-23 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Participants, beginning of year | 245 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Active participants | 209 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Participants, end of year | 255 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Participants with an account balance | 207 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Total assets, beginning of year | $17,638,505 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Total assets, end of year | $19,906,494 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Net assets, end of year | $19,906,494 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Total income | $3,380,515 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Net income | $2,267,989 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Employer contributions | $598,604 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Participant contributions | $1,084,728 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Other contributions (incl. rollovers) | $95,571 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Total contributions | $1,778,903 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Benefit payments | $1,048,650 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Total expenses (incl. benefit payments) | $1,112,526 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Total administrative expenses | $63,876 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Contract administrator fees | $3,344 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| IQPA audit fees | $15,690 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Investment advisory and management fees | $44,842 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Administrative expenses excluding investment management | $19,034 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Held in mutual funds | $19,102,918 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250923071942NAL0006499328001, received 2025-09-23 |
| Independent auditor | MCGILL, POWER, BELL & ASSOCIATES | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250923071942NAL0006499328001, received 2025-09-23 |
Position = column in the DOL layout for form year 2024. Filing 20250923071942NAL0006499328001, received 2025-09-23.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY Orecordkeeper | RECORDKEEPER | 64 Recordkeeping fees | $44,842 | yes |
| MCGILL POWER BELL & ASSOCIATES, LLP | AUDITOR | 10 Accounting (including auditing) | $15,690 | no |
| NATIONAL PROFESSIONAL PLANNING GROU | CONTRACT ADMIN | 13 Contract administrator; 99 Other fees | $3,344 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250923071942NAL0006499328001, received 2025-09-23.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $17,638,505 | $19,906,494 | 12.9% |
| Participants with a balance | 202 | 207 | 2.5% |
| Administrative expenses | $60,879 | $63,876 | 4.9% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $565,013 | $598,604 | 5.9% |
Prior filing 20240927074047NAL0000915667001, received 2024-09-27; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: LARSON TEXTS, INC.; SEC registrant: Larson Texts, Inc. (CIK 1781332, matched by EIN).