Plan Ledger DOL Form 5500 · updated monthly

Lafata Contract Services LLC401(k)

LAFATA CONTRACT SERVICES LLC 401(K) PROFIT SHARING PLAN & TRUST · KING OF PRUSSIA, PA · plan year 2022

Reported admin expense ratio · 2022
0.28%

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

Lafata Contract Services LLC reported $37,598 in plan administrative expenses for 2022: 0.28% of average plan assets, above the peer median. Employer contributions averaged $4,424 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (1,980th of 3,651), and 6,972nd of 11,654 in professional & technical services. In 2022, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,451,485
Participants with balances195
Active participants239
Employer contributions$1,057,339
Employee contributions$2,370,684
Employer contribution per active participant$4,424
Average account balance$68,982
Benefits paid to participants$1,771,052
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $170 emplr
2022$13.5M · 195 accts · $1.1M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,906
Investment management$35,692
Total administrative$37,598
The Lafata Contract Services LLC 401(k) match · 2022
Employer contribution per active participant$4,424
Median for plans this size$2,266

Lafata Contract Services LLC's 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$37,598 · 0.28%
Similar plansProfessional & Technical Services · Pennsylvania
M.J. McTish & Associates PA$13.6M · 0.18%
Evervet Operations, LLC PA$13.2M · 1.16%
Crompco LLC PA$13.2M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 233065905 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.