Plan Ledger DOL Form 5500 · updated monthly

Four Seasons Solar Products LLC401(k)

LATIUM USA GROUP 401(K) PLAN · HOLBROOK, NY · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Four Seasons Solar Products LLC reported $33,052 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $769 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 fell from 0.27% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,772nd-largest of 5,648 plans among New York employers on file, and the 6,602nd of 13,661 in manufacturing. In 2024, employees put in $3.92 for every $1.00 the employer contributed; active participation has grown from 258 to 322 since 2022.

Plan summary
Net assets, end of year$16,875,776
Participants with balances256
Active participants322
Employer contributions$247,538
Employee contributions$969,441
Employer contribution per active participant$769
Average account balance$65,921
Benefits paid to participants$914,901
Plan auditUnmodified (clean) audit opinion
AuditorEICHEN & DEMEGLIO
Plan history3
Yearassets · accounts · employer contribution
2024$16.9M · 256 accts · $248K emplr
2023$14.5M · 217 accts · $214K emplr
2022$12.5M · 219 accts · $220K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,052
Total administrative$33,052
The Four Seasons Solar Products LLC 401(k) match · 2024
Employer contribution per active participant$769
Median for plans this size$2,416
2024$769 per active participant
2023$896 per active participant
2022$854 per active participant

Four Seasons Solar Products LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
ADP, INC. · Loan processing · Recordkeeping$33,051
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$33,052 · 0.21%
2023$33,193 · 0.25%
2022$37,231 · 0.27%
Similar plansManufacturing · New York
Tmp Technologies, Inc. NY$17.5M · 0.10%
Transonic Systems Inc. NY$17.5M · 0.01%
Roland Foods, LLC NY$16.8M · 0.63%
Adaptec Solutions, LLC NY$16.7M · 0.15%
Hammer Packaging Corp. NY$16.5M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743007447 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.