Employers › Legence Holdings
Recordkeeping fees per participant · Legence 401(k) Plan · plan year 2024
$9.41
Higher than 9% of the 5,847 plans $50 to 250M that report it.
= $23,855 / 2,536
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014055446NAL0003251744001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014055446NAL0003251744001, received 2025-10-14
Percentiles compare this plan with the Schedule H plans $50 to 250M 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 2025-10-14.
Administrative expenses excluding investment management, per participant
$9.41
Higher than 6% of the 8,758 plans $50 to 250M that report it.
= $23,855 / 2,536
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014055446NAL0003251744001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014055446NAL0003251744001, received 2025-10-14
Administrative expenses per participant
$14.27
Higher than 5% of the 9,042 plans $50 to 250M that report it.
= $36,199 / 2,536
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014055446NAL0003251744001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014055446NAL0003251744001, received 2025-10-14
Administrative expenses as a share of assets
0.017%
Higher than 8% of the 9,049 plans $50 to 250M that report it.
= $36,199 / $216,823,547
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014055446NAL0003251744001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014055446NAL0003251744001, received 2025-10-14
Employer contributions per participant
$3,868
Higher than 67% of the 9,105 plans $50 to 250M that report it.
= $9,808,673 / 2,536
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014055446NAL0003251744001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014055446NAL0003251744001, received 2025-10-14
Employer share of total contributions
11.7%
Higher than 5% of the 9,112 plans $50 to 250M that report it.
= $9,808,673 / $83,559,121
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014055446NAL0003251744001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014055446NAL0003251744001, received 2025-10-14
Plan terms are not published in public filings.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014055446NAL0003251744001, received 2025-10-14
| Field | Value | Source |
|---|---|---|
| Plan sponsor | LEGENCE HOLDINGS LLC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Plan name | LEGENCE 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Sponsor EIN / plan number | 85-4033009 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Sponsor location | SAN JOSE, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Industry (business code) | 238220, Construction | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Participants, beginning of year | 2,584 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Active participants | 2,603 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Participants, end of year | 2,938 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Participants with an account balance | 2,536 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Total assets, beginning of year | $121,754,265 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Total assets, end of year | $216,823,547 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Net assets, end of year | $216,823,547 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Total income | $104,294,293 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Net income | $94,455,610 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Employer contributions | $9,808,673 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Participant contributions | $19,900,685 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Other contributions (incl. rollovers) | $53,849,763 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Total contributions | $83,559,121 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Benefit payments | $9,627,105 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $9,838,683 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Total administrative expenses | $36,199 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Recordkeeping fees | $23,855 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Investment advisory and management fees | $12,344 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Administrative expenses excluding investment management | $23,855 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Held in common/collective trusts | $3,287,940 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Held in mutual funds | $205,932,677 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014055446NAL0003251744001, received 2025-10-14 |
| Independent auditor | PLANTE & MORAN PLLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014055446NAL0003251744001, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014055446NAL0003251744001, received 2025-10-14.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| ADP, INC.recordkeeper | RECORD KEEPER | 37 Participant loan processing; 50 Direct payment from the plan; 15 Recordkeeping and information management; 64 Recordkeeping fees; 21 Trustee (bank, trust company or similar); 49 Other services; 99 Other fees; 26 Investment advisory (participants) | $36,198 | yes |
| CHARLES SCHWAB INVESTMENT MGMT INC. | BROKER | 33 Securities brokerage | $40 | yes |
| ADP BROKER-DEALERrecordkeeper | RECORD KEEPER | 49 Other services; 99 Other fees | $0 | yes |
| CHARLES SCHWAB & CO, INC. | INVESTMENT MANAGER | 59 Shareholder servicing fees | $0 | yes |
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 20251014055446NAL0003251744001, received 2025-10-14.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $121,754,265 | $216,823,547 | 78.1% |
| Participants with a balance | 1,548 | 2,536 | 63.8% |
| Administrative expenses | $23,005 | $36,199 | 57.4% |
| Recordkeeping fees per participant | $9.29 | $9.41 | 1.3% |
| Employer contributions | $6,482,873 | $9,808,673 | 51.3% |
Prior filing 20241004054357NAL0005420051001, received 2024-10-04; the plan years are contiguous.
Sponsor name as filed: LEGENCE HOLDINGS LLC; SEC registrant: LEGENCE PARENT LLC (CIK 1938307, matched by EIN).