Plan Ledger DOL Form 5500 · updated monthly

Lakeland Tours, LLC401(k)

THE LAKELAND GROUP RETIREMENT SAVINGS PLAN · CHARLOTTESVILLE, VA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Lakeland Tours, LLC reported $127,736 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $1,694 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 1 year on file its reported administrative ratio fell from 0.18% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 309th-largest of 2,266 plans among Virginia employers on file, and the 177th of 2,534 in administrative & support services. In 2024, employees put in $2.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$91,024,302
Participants with balances1,745
Active participants1,352
Employer contributions$2,290,378
Employee contributions$6,129,848
Employer contribution per active participant$1,694
Average account balance$52,163
Benefits paid to participants$9,337,730
Plan auditUnmodified (clean) audit opinion
AuditorHANTZMON WIEBEL LLP
Plan history2
Yearassets · accounts · employer contribution
2024$91.0M · 1,745 accts · $2.3M emplr
2023$79.5M · 1,433 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,462
Total administrative$127,736
The Lakeland Tours, LLC 401(k) match · 2024
Employer contribution per active participant$1,694
Median for plans this size$3,635
2024$1,694 per active participant
2023$1,606 per active participant

Lakeland Tours, LLC's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$84,462
COMPERIO RETIREMENT CONSULTING, IN · Consulting$43,274

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

Administrative cost history2
2024$127,736 · 0.15%
2023$137,329 · 0.18%
Similar plansAdministrative & Support Services · Virginia
Afognak Native Corporation VA$184.0M · 0.26%
Mag Ds Corp. VA$114.0M · 0.22%
Guidepoint Security, LLC VA$100.6M · 0.28%
Mvm, Inc. VA$83.2M · 0.54%
Mbo Partners VA$82.0M
Lakeland Holdings, LLC VA$74.5M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541902946 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.