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Employers › South Carolina

Employer · plans filed under one EIN

Leroy Springs & Company, Inc.

Fort Mill, SC · Other services

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.

$12.1Mnet assets across plans
382participant records246 active
$419Kemployer contributions, latest plan years$1,701 per active record
$43KSchedule C compensation to organisations$113.31 per participant record

Leroy Springs & Company, Inc., based in Fort Mill, South Carolina, sponsors 2 retirement plans with 100 or more participants: 1 defined contribution and 1 defined benefit. Together they reported 382 participant records and $12.1M in net assets.

The largest is Leroy Springs & Company, Inc. 401(k) Savings and Retirement Plan, a 401(k) plan with 281 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.

Employer contributions across the plans were $419K and participant contributions $529K in the latest plan years; benefits paid were $1.6M. Schedule C compensation reported to service provider organisations totalled $43K.

Combined net assets moved from $8.3M in 2009 to $12.1M in 2024 (up 45%). Plan mergers and spin-offs show up here as steps in the series.

Plans

PlanKindPlan yearParticipantsNet assetsPer participantEmployer / activeSch. C compensation
Leroy Springs & Company, Inc. 401(k) Savings and Retirement Plan401(k) plan2024281$7.5M$26,694$1,476$20K
Leroy Springs & Company, Inc. Noncontributory Retirement Plandefined benefit pension plan2024101$4.6M$45,241$12,542$24K
US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244.

Trend by plan year

2009: $8.3M2010: $8.3M2011: $8.1M2012: $9.1M2013: $10.0M2014: $9.4M2015: $10.0M2016: $11.3M2017: $11.8M2018: $9.5M2019: $10.1M2020: $11.4M2021: $10.1M2022: $9.7M2023: $11.5M2024: $12.1M$8.3M$12.1M20092012201620202024
Combined net assets
2009: 4482010: 4332011: 3902012: 3752013: 3372014: 3202015: 3142016: 3302017: 3252018: 2692019: 2652020: 2662021: 2552022: 2592023: 2812024: 38244838220092012201620202024
Participant records
Plan yearPlansParticipant recordsNet assetsEmployer contributionsParticipant contributions
20242382$12.1M$419K$529K
20232281$11.5M$514K$430K
20222259$9.7M$349K$365K
20212255$10.1M$305K$327K
20202266$11.4M$307K$267K
20192265$10.1M$156K$229K
20182269$9.5M$192K$237K
20172325$11.8M$531K$270K
20162330$11.3M$702K$255K
20152314$10.0M$627K$248K
20142320$9.4M$160K$241K
20132337$10.0M$179K$228K
20122375$9.1M$579K$208K
20112390$8.1M$246K$211K
20102433$8.3M$266K$285K
20092448$8.3M$271K$302K

History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.

Service providers

OrganisationServices reportedPlansCompensation reported
Principal Life Insurance CompanyContract Administrator; Participant loan processing1$19,756
Butler & StoweAccounting (including auditing)1$11,600
USI Consulting GroupActuarial; Consulting (pension)1$6,000
PrincipalTrustee (bank, trust company, or similar financial institution); Investment advisory (plan)1$5,928
Wilshire Advisors LLCInvestment advisory (plan)1$0

Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.

Principal Life Insurance Company$20K
Butler & Stowe$12K
USI Consulting Group$6,000
Principal$5,928
Wilshire Advisors LLC$0

Questions and answers

How many retirement plans does Leroy Springs & Company, Inc. have?

2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Leroy Springs & Company, Inc. 401(k) Savings and Retirement Plan and Leroy Springs & Company, Inc. Noncontributory Retirement Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.

How much does Leroy Springs & Company, Inc. contribute to its plans?

$418,520 in employer contributions across these plans in their latest plan years, about $1,701 per active participant record. Form 5500 reports totals and not the match or accrual formula.

Who provides services to these plans?

Schedule C filings name Principal Life Insurance Company, Butler & Stowe, USI Consulting Group and Principal and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.

Where does this come from?

Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.