Plan Ledger DOL Form 5500 · updated monthly

Laminate Technologies, Inc.401(k)

LAMINATE TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN · TIFFIN, OH · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Laminate Technologies, Inc. reported $52,464 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. Employer contributions averaged $3,739 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 rose from 0.03% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,007th of 3,295), and 8,880th of 13,661 in manufacturing. In 2024, the employer put in $1.45 for every $1.00 employees contributed themselves; active participation has shrunk from 169 to 126 since 2022.

Plan summary
Net assets, end of year$9,803,773
Participants with balances255
Active participants126
Employer contributions$471,080
Employee contributions$323,836
Employer contribution per active participant$3,739
Average account balance$38,446
Benefits paid to participants$532,403
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 255 accts · $471K emplr
2023$8.5M · 259 accts · $430K emplr
2022$7.1M · 301 accts · $135K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,464
Total administrative$52,464
The Laminate Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$3,739
Median for plans this size$1,313
2024$3,739 per active participant
2023$3,140 per active participant
2022$799 per active participant

Laminate Technologies, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
JOHN HANCOCK LIFE INSURANCE · Recordkeeping · Investment management$508

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$52,464 · 0.57%
2023$10,916 · 0.14%
2022$2,638 · 0.03%
Same employer
Similar plansManufacturing · Ohio

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Source: U.S. Department of Labor, Form 5500 series, EIN 341520050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.