Plan Ledger DOL Form 5500 · updated monthly

Laronde, Inc.401(k)

LARONDE, INC. 401(K) PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.42%

Laronde, Inc. reported $26,389 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. 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 0.11% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,984th of 2,726), and 8,373rd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$8,834,917
Participants with balances312
Active participants219
Employer contributions—
Employee contributions$2,309,249
Employer contribution per active participant—
Average account balance$28,317
Benefits paid to participants$2,079,364
Plan auditUnmodified (clean) audit opinion
AuditorWOLF AND COMPANY, PC
Plan history2
Yearassets · accounts · employer contribution
2024$8.8M · 312 accts
2023$3.8M · 176 accts
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
COMPASS RETIREMENT CONSULTING GROUP · Contract administrator$4,650
EMPOWER ADVISORY GROUP, LLC · Investment management$963

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$26,389 · 0.42%
2023$3,140 · 0.11%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Catalant Technologies MA$8.9M · 0.30%
Codiak Biosciences, Inc. MA$8.9M · 0.02%
Platformq LLC MA$8.9M · 0.30%
Korro Bio Inc MA$8.8M · 0.05%
Bahwan Cybertek Inc MA$8.7M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823415260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.