Plan Ledger DOL Form 5500 · updated monthly

Laird Management, LLC401(k)

LAIRD MANAGEMENT, LLC 401(K) RETIREMENT PLAN · PHOENIX, AZ · plan year 2022

Reported admin expense ratio · 2022
1.77%

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

Laird Management, LLC reported $21,540 in plan administrative expenses for 2022: 1.77% of average plan assets, higher than ~90% of peers. Employer contributions averaged $71 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 accommodation & food services employers. By assets it is among the smaller plans on file in Arizona (1,128th of 1,285), and 1,649th of 2,240 in accommodation & food services. In 2022, employees put in $3.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,226,560
Participants with balances77
Active participants334
Employer contributions$23,801
Employee contributions$78,290
Employer contribution per active participant$71
Average account balance$15,929
Benefits paid to participants$268,906
Plan auditUnmodified (clean) audit opinion
AuditorTULL FORSBERG & OLSON, PLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$21,540
Total administrative$21,540
The Laird Management, LLC 401(k) match · 2022
Employer contribution per active participant$71
Median for plans this size$1,114

Laird Management, LLC'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$21,540 · 1.77%
Similar plansAccommodation & Food Services · Arizona
Square One Concepts, Inc. AZ$1.8M · 2.73%
Restaurant Concepts, Inc. AZ$1.3M · 1.29%
Spinato's Pizzeria AZ$1.1M · 1.18%
Someburros, Inc. AZ$787K · 0.55%
White Bluff, Inc. AZ$581K · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472579059 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.