Plan Ledger DOL Form 5500 · updated monthly

Lagrasso Brothers, Inc.401(k)

LAGRASSO BROTHERS, INC. 401(K) PLAN · DETROIT, MI · plan year 2022

Reported admin expense ratio · 2022
0.04%

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

Lagrasso Brothers, Inc. reported $2,319 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Michigan (2,025th of 2,619), and 3,657th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$4,832,941
Participants with balances67
Active participants84
Employer contributions$0
Employee contributions$151,355
Employer contribution per active participant$0
Average account balance$72,133
Benefits paid to participants$756,094
Plan auditUnmodified (clean) audit opinion
AuditorCANTWELL, CUMMINS, MOFFAT & STUART
Administrative expenses, itemized · 2022
Professional / advisory$2,319
Total administrative$2,319
The Lagrasso Brothers, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Lagrasso Brothers, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 history1
2022$2,319 · 0.04%
Similar plansWholesale Trade · Michigan
Krist Oil Co. MI$5.7M · 0.02%
Baudville, Inc. MI$5.4M · 0.25%
C.F. Fick & Sons, Inc. MI$5.1M · 0.14%
Flat River Group MI$5.1M · 0.48%
W.S Townsend Company MI$4.7M · 0.79%
Dennen Steel Corp MI$4.1M · 0.14%
Great Lakes Foods, LLC MI$4.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381862299 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.