Plan Ledger DOL Form 5500 · updated monthly

Lasership, Inc.401(k)

LASERSHIP 401(K) PLAN · MCLEAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Lasership, Inc. reported $193,060 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $180 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 3 years on file its reported administrative ratio has held roughly steady near 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 356th-largest of 2,266 plans among Virginia employers on file, and the 290th of 2,677 in transportation & warehousing. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has grown from 5,601 to 17,015 since 2022.

Plan summary
Net assets, end of year$76,181,093
Participants with balances1,391
Active participants17,015
Employer contributions$3,067,958
Employee contributions$6,471,635
Employer contribution per active participant$180
Average account balance$54,767
Benefits paid to participants$11,769,106
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$76.2M · 1,391 accts · $3.1M emplr
2023$67.6M · 1,336 accts · $2.9M emplr
2022$60.2M · 1,314 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$143,060
Investment management$50,000
Total administrative$193,060
The Lasership, Inc. 401(k) match · 2024
Employer contribution per active participant$180
Median for plans this size$3,635
2024$180 per active participant
2023$308 per active participant
2022$265 per active participant

Lasership, Inc.'s 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$143,060
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$50,000

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$193,060 · 0.27%
2023$145,098 · 0.23%
2022$101,441 · 0.26%
Same employer
Similar plansTransportation & Warehousing · Virginia
Tforce Freight, Inc VA$164.4M · 0.47%
Estes Express Lines VA$161.0M · 0.16%
K Line America, Inc. VA$52.2M · 0.04%
Jk Moving and Storage, Inc. VA$51.1M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 542015092 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.