Plan Ledger DOL Form 5500 · updated monthly

Laforce, LLC401(k)

LAFORCE, LLC 401(K) PLAN · GREEN BAY, WI · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Laforce, LLC reported $151,051 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $2,351 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 0.20% to 0.16%. 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 228th-largest of 1,936 plans among Wisconsin employers on file, and the 412th of 4,246 in wholesale trade. In 2024, employees put in $2.61 for every $1.00 the employer contributed; active participation has grown from 542 to 670 since 2022.

Plan summary
Net assets, end of year$100,660,739
Participants with balances830
Active participants670
Employer contributions$1,575,104
Employee contributions$4,117,655
Employer contribution per active participant$2,351
Average account balance$121,278
Benefits paid to participants$8,104,017
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$100.7M · 830 accts · $1.6M emplr
2023$84.6M · 706 accts · $1.3M emplr
2022$70.4M · 671 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,735
Investment management$111,716
Audit (IQPA)$12,600
Total administrative$151,051
The Laforce, LLC 401(k) match · 2024
Employer contribution per active participant$2,351
Median for plans this size$3,635
2024$2,351 per active participant
2023$2,348 per active participant
2022$2,128 per active participant

Laforce, LLC's 2024 employer contribution ran below 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 · 20243
NICOLET NATIONAL BANK RETIRMENT PL · Consulting$111,716
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$26,738
BAKER TILLY US, LLP · Accounting / audit$12,600

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

Administrative cost history3
2024$151,051 · 0.16%
2023$134,805 · 0.17%
2022$161,218 · 0.20%
Same employer
Similar plansWholesale Trade · Wisconsin
Brp US Inc. WI$158.6M · 0.24%
Gordon Flesch Company, Inc. WI$153.5M · 0.08%
Lemans Corporation WI$122.3M · 0.22%
Russel Metals Inc. WI$118.4M · 0.01%
School Specialty, LLC WI$99.0M · 0.27%
Jx Enterprises, Inc. WI$91.8M · 0.21%
Frank Liquor Company, Inc. WI$91.3M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390980509 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.