Plan Ledger DOL Form 5500 · updated monthly

Lassonde Pappas and Company, Inc.401(k)

LASSONDE 401K PLAN FOR THE BENEFIT OF U.S. EMPLOYEES · CHERRY HILL, NJ · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Lassonde Pappas and Company, Inc. reported $154,968 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,605 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 0.29% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 494th-largest of 2,419 plans among New Jersey employers on file, and the 1,531st of 11,911 in health care & social assistance. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 633 to 815 since 2022.

Plan summary
Net assets, end of year$63,960,813
Participants with balances992
Active participants815
Employer contributions$2,122,868
Employee contributions$3,948,510
Employer contribution per active participant$2,605
Average account balance$64,477
Benefits paid to participants$6,775,542
Plan auditUnmodified (clean) audit opinion
AuditorBKC,CPAS,PC
Plan history3
Yearassets · accounts · employer contribution
2024$64.0M · 992 accts · $2.1M emplr
2023$57.5M · 933 accts · $1.8M emplr
2022$44.7M · 833 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,000
Investment management$141,968
Total administrative$154,968
The Lassonde Pappas and Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,605
Median for plans this size$3,635
2024$2,605 per active participant
2023$2,346 per active participant
2022$2,435 per active participant

Lassonde Pappas and Company, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20241
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$154,968

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

Recordkeeper by year2
2024Charles Schwab, Newport (Ascensus)
2023Charles Schwab

This plan has changed recordkeepers within these filings. If you left Lassonde Pappas and Company, Inc. 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$154,968 · 0.26%
2023$137,876 · 0.27%
2022$137,940 · 0.29%
All plans at this employer2
LASSONDE 401K PLAN FOR THE BENEFIT OF U.S. EMPLOYEES401(k)
ZIDIAN MANAGEMENT CORP. DBA THE ZIDIAN GROUP 401(K) PROFIT SHARING PLAN401(k)
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Pskw, LLC NJ$75.0M · 0.24%
Vna Health Group, Inc. NJ$72.2M · 0.19%
Ivi America LLC NJ$68.9M · 0.31%
I.D. Care, LLC NJ$59.0M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 210648161 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.