Plan Ledger DOL Form 5500 · updated monthly

Laser Holdings, LLC401(k)

LASER HOLDINGS, LLC 401(K) P/S PLAN · SUFFERN, NY · plan year 2024

Reported admin expense ratio · 2024
1.03%

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

Laser Holdings, LLC reported $19,758 in plan administrative expenses for 2024: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $45 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 1.14% to 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in New York (5,088th of 5,648), and 719th of 786 in management of companies. In 2024, employees put in $28.51 for every $1.00 the employer contributed; active participation has grown from 160 to 259 since 2022.

Plan summary
Net assets, end of year$2,197,851
Participants with balances234
Active participants259
Employer contributions$11,774
Employee contributions$335,691
Employer contribution per active participant$45
Average account balance$9,393
Benefits paid to participants$24,267
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 234 accts · $12K emplr
2023$1.7M · 178 accts
2022$1.1M · 142 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,949
Investment management$6,809
Total administrative$19,758
The Laser Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$45
Median for plans this size$1,313

Laser Holdings, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ASCENSUS LLC · Recordkeeping$13,950
MILLENNIUM INVESTMENT AND RETIREMEN · Investment advisory (plan)$6,809

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

Recordkeeper by year2
2024Ascensus
2023Ascensus, PAI

This plan has changed recordkeepers within these filings. If you left Laser Holdings, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$19,758 · 1.03%
2023$16,158 · 1.16%
2022$12,283 · 1.14%
Similar plansManagement of Companies · New York
Quilt LLC NY$4.6M · 0.37%
Byler Holdings, LLC PA$2.3M · 0.91%
Maccall Management, LLC UT$2.3M · 0.72%
Ae Financial Services LLC IL$2.2M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474094030 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.