Plan Ledger DOL Form 5500 · updated monthly

Lactalis American Group Inc.401(k)

LACTALIS AMERICAN GROUP, INC. RETIREMENT PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Lactalis American Group Inc. reported $93,716 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,737 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 0.07% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 465th-largest of 5,648 plans among New York employers on file, and the 1,155th of 13,661 in manufacturing. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves; active participation has grown from 1,582 to 1,818 since 2022.

Plan summary
Net assets, end of year$202,000,802
Participants with balances2,329
Active participants1,818
Employer contributions$8,612,434
Employee contributions$8,425,281
Employer contribution per active participant$4,737
Average account balance$86,733
Benefits paid to participants$23,322,206
Plan auditUnmodified (clean) audit opinion
AuditorBONADIO & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$202.0M · 2,329 accts · $8.6M emplr
2023$182.2M · 2,239 accts · $7.6M emplr
2022$158.0M · 2,094 accts · $6.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,465
Investment management$29,251
Total administrative$93,716
The Lactalis American Group Inc. 401(k) match · 2024
Employer contribution per active participant$4,737
Median for plans this size$3,635
2024$4,737 per active participant
2023$4,376 per active participant
2022$4,253 per active participant

Lactalis American Group Inc.'s 2024 employer contribution ran above the $3,635 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
JOHN HANCOCK RETIREMENT PLAN SRVCS · Recordkeeping · Loan processing$93,716
ALERA INVESTMENT · Investment advisory (plan)$29,251

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$93,716 · 0.05%
2023$91,071 · 0.05%
2022$125,664 · 0.07%
Same employer
Similar plansManufacturing · New York
Oerlikon USA Holding, Inc. NY$219.7M · 0.13%
Sartorius Corporation NY$218.2M · 0.08%
Chobani Global Holdings, LLC NY$195.8M · 0.06%
Avon Products, Inc. NY$195.8M · 0.15%
Daikin America, Inc NY$191.9M · 0.13%
Cascades USA Inc. NY$174.8M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391429105 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.