Plan Ledger DOL Form 5500 · updated monthly

Laerdal Medical Corporation401(k)

LAERDAL MEDICAL CORPORATION 401(K) PROFIT SHARING PLAN · WAPPINGERS FALLS, NY · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Laerdal Medical Corporation reported $171,896 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,944 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 0.24% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,070th-largest of 5,648 plans among New York employers on file, and the 600th of 4,246 in wholesale trade. In 2024, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$69,798,724
Participants with balances493
Active participants479
Employer contributions$2,367,942
Employee contributions$3,613,015
Employer contribution per active participant$4,944
Average account balance$141,580
Benefits paid to participants$5,681,857
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.8M · 493 accts · $2.4M emplr
2023$61.0M · 469 accts · $2.1M emplr
2022$49.6M · 448 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$150,731
Audit (IQPA)$21,165
Total administrative$171,896
The Laerdal Medical Corporation 401(k) match · 2024
Employer contribution per active participant$4,944
Median for plans this size$3,635
2024$4,944 per active participant
2023$4,333 per active participant
2022$3,902 per active participant

Laerdal Medical Corporation'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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$150,731
PKF O'CONNOR DAVIES, LLP$21,165

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$171,896 · 0.26%
2023$133,218 · 0.24%
2022$127,200 · 0.24%
Same employer
Similar plansWholesale Trade · New York
Remy Cointreau USA Inc. NY$73.8M · 0.22%
Kobrand Corporation NY$67.2M · 0.05%
Randa Corp NY$67.1M · 0.32%
Kravet Inc. NY$66.1M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132587752 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.