Plan Ledger DOL Form 5500 · updated monthly

Lanier & Associates Consulting Engineers, Inc.401(k)

LANIER & ASSOCIATES RETIREMENT PLAN · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Lanier & Associates Consulting Engineers, Inc. reported $9,164 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,099 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 0.04% to 0.02%. 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 126th-largest of 884 plans among Louisiana employers on file, and the 2,886th of 11,654 in professional & technical services. In 2024, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,403,136
Participants with balances161
Active participants124
Employer contributions$1,128,232
Employee contributions$1,729,091
Employer contribution per active participant$9,099
Average account balance$294,429
Benefits paid to participants$437,937
Plan auditUnmodified (clean) audit opinion
AuditorKUSHNER LAGRAIZE, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$47.4M · 161 accts · $1.1M emplr
2023$39.1M · 161 accts · $1.0M emplr
2022$32.8M · 141 accts · $903K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,164
Total administrative$9,164
The Lanier & Associates Consulting Engineers, Inc. 401(k) match · 2024
Employer contribution per active participant$9,099
Median for plans this size$2,416
2024$9,099 per active participant
2023$7,491 per active participant
2022$7,991 per active participant

Lanier & Associates Consulting Engineers, Inc.'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 · 20245
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$8,563
KUSHNER LAGRAIZE LLC$7,332
ECONOMIC GROUP PENSION SERVICES · Other servicesindirect comp
MORNINGSTAR · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$9,164 · 0.02%
2023$15,006 · 0.04%
2022$14,390 · 0.04%
Same employer
Similar plansProfessional & Technical Services · Louisiana
Georges Enterprises, LLC LA$55.7M · 0.34%
Deutsch Kerrigan L.L.P. LA$46.7M · 0.04%
Levingston Group, LLC LA$46.0M · 0.00%
Canal HR, Inc. LA$45.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720771664 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.