Plan Ledger DOL Form 5500 · updated monthly

Lan Associates401(k)

LAN ASSOCIATES EPAS, INC. 401(K) PLAN · MIDLAND PARK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Lan Associates reported $76,540 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $5,846 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 748th-largest of 2,419 plans among New Jersey employers on file, and the 3,732nd of 11,654 in professional & technical services. In 2024, employees put in $1.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,559,857
Participants with balances127
Active participants114
Employer contributions$666,422
Employee contributions$834,927
Employer contribution per active participant$5,846
Average account balance$272,125
Benefits paid to participants$214,046
Plan auditUnmodified (clean) audit opinion
AuditorGELTRUDE & COMPANY, LLC
The Lan Associates 401(k) match · 2024
Employer contribution per active participant$5,846
Median for plans this size$2,416

Lan Associates's 2024 employer contribution ran above the $2,416 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 · 20243
EMPOWER$69,855
PENTEGRA SERVICES INC · Accounting / audit · Contract administrator$8,064
MMA SECURITIES LLCindirect comp

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

Administrative cost history1
2024$76,540 · 0.24%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Storis, Inc. NJ$35.1M · 0.07%
Kessler Foundation NJ$35.0M · 0.12%
Mandelbaum Barrett, PC NJ$34.7M · 0.21%
Navitas, Inc. NJ$34.2M · 0.29%
Emsl Analytical, Inc. NJ$34.1M · 0.47%
Highpoint Solutions, Inc. NJ$34.0M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221855328 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.