Plan Ledger DOL Form 5500 · updated monthly

Applied Laser Technologies Acq401(k)

APPLIED LASER TECHNOLOGIES LLC 401(K) PROFIT SHARING PLAN & TRUST · SCHOFIELD, WI · plan year 2024

Reported admin expense ratio · 2024
0.77%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Applied Laser Technologies Acq reported $20,618 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. Employer contributions averaged $1,822 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.66% to 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,781st of 1,936), and 12,348th of 13,661 in manufacturing. In 2024, employees put in $1.69 for every $1.00 the employer contributed; active participation has shrunk from 101 to 74 since 2022.

Plan summary
Net assets, end of year$2,877,061
Participants with balances151
Active participants74
Employer contributions$134,830
Employee contributions$228,424
Employer contribution per active participant$1,822
Average account balance$19,053
Benefits paid to participants$350,734
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 151 accts · $135K emplr
2023$2.5M · 158 accts · $140K emplr
2022$2.1M · 152 accts · $134K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,863
Investment management$13,755
Total administrative$20,618
The Applied Laser Technologies Acq 401(k) match · 2024
Employer contribution per active participant$1,822
Median for plans this size$1,313
2024$1,822 per active participant
2023$1,606 per active participant
2022$1,329 per active participant

Applied Laser Technologies Acq's 2024 employer contribution ran above the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PAYCHEX, INC. · Recordkeeping$6,863
LEVELIZED COMPENSATION ADVISOR · Investment advisory (plan)$13,755

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Paychex
2023LEVELIZED COMPENSATION ADVISOR, Paychex

This plan has changed recordkeepers within these filings. If you left Applied Laser Technologies Acq before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$20,618 · 0.77%
2023$18,440 · 0.80%
2022$14,305 · 0.66%
Similar plansManufacturing · Wisconsin
All-Lift Systems, Inc. WI$2.9M · 0.31%
King Juice Company, Inc. WI$2.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873300358 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.