Plan Ledger DOL Form 5500 · updated monthly

Lanzo Companies, Inc.401(k)

LANZO COMPANIES EMPLOYEE RETIREMENT PLAN & TRUST · DEERFIELD BEACH, FL · plan year 2023

Reported admin expense ratio · 2023
0.43%

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

Lanzo Companies, Inc. reported $19,259 in plan administrative expenses for 2023: 0.43% of average plan assets, below the peer median. Employer contributions averaged $530 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 rose from 0.34% to 0.43%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (2,578th of 3,644), and 4,094th of 5,337 in construction. In 2023, employees put in $4.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,552,451
Participants with balances78
Active participants94
Employer contributions$49,865
Employee contributions$242,657
Employer contribution per active participant$530
Average account balance$58,365
Benefits paid to participants$654,195
Plan auditUnmodified (clean) audit opinion
AuditorBENITEZ & COMPANY CPAS, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$4.6M · 78 accts · $50K emplr
2022$4.4M · 103 accts · $75K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$19,259
Total administrative$19,259
The Lanzo Companies, Inc. 401(k) match · 2023
Employer contribution per active participant$530
Median for plans this size$1,308
2023$530 per active participant
2022$794 per active participant

Lanzo Companies, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PENSION SERVICES INC. · Recordkeepingindirect comp
RAYMOND JAMES & ASSOC INC · Investment advisory (plan)indirect comp
LINCOLN NATIONAL CORPORATION · Contract administratorindirect comp

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

Administrative cost history2
2023$19,259 · 0.43%
2022$18,260 · 0.34%
Similar plansConstruction · Florida
Pcs Civil, Inc. FL$4.6M · 0.23%
Norlee Group FL$4.6M · 1.72%
Jsc Systems, Inc. FL$4.4M · 0.62%
McEnany Roofing, Inc. FL$4.3M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811005288 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.