Plan Ledger DOL Form 5500 · updated monthly

Lafayette Group Inc.ESOP

LAFAYETTE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN · ARLINGTON, VA · plan year 2024

Employer contribution per participant · 2024
$8,099

Lafayette Group Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $26,735,305 across 246 participant accounts, with employer contributions averaging $8,099 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 804th-largest of 2,266 plans among Virginia employers on file, and the 4,528th of 11,654 in professional & technical services. active participation has grown from 181 to 241 since 2022.

Plan summary
Net assets, end of year$26,735,305
Participants with balances246
Active participants241
Employer contributions$1,951,944
Employee contributions—
Employer contribution per active participant$8,099
Average account balance$108,680
Benefits paid to participants$1,472,258
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.7M · 246 accts · $2.0M emplr
2023$23.7M · 239 accts · $2.4M emplr
2022$13.4M · 191 accts · $1.9M emplr
Employer contributions to the Lafayette Group Inc. plan · 2024
Employer contribution per active participant$8,099
Median for plans this size$2,416
2024$8,099 per active participant
2023$10,000 per active participant
2022$10,221 per active participant

Lafayette Group Inc.'s 2024 employer contribution ran above the $2,416 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
LAFAYETTE GROUP INC. 401(K) PLAN401(k)
LAFAYETTE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 541696125 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.