Lakeland Industries, Inc.401(k)

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

Lakeland Industries, Inc. reported $50,435 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,789 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 0.56% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 449th-largest of 902 plans among Alabama employers on file, and 8,509th of 13,661 in manufacturing. In 2024, employees put in $3.01 for every $1.00 the employer contributed; active participation has grown from 79 to 99 since 2022.