Plan Ledger DOL Form 5500 · updated monthly

Laufer Group International LTD401(k)

LAUFER GROUP INTERNATIONAL LTD 401(K) PROFIT SHARING PLAN AND TRUST · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Laufer Group International LTD reported $94,681 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,050 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 rose from 0.28% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (2,853rd of 5,648), and the 1,231st of 3,341 in other services. In 2024, employees put in $4.82 for every $1.00 the employer contributed; active participation has shrunk from 237 to 191 since 2022.

Plan summary
Net assets, end of year$16,053,367
Participants with balances200
Active participants191
Employer contributions$200,547
Employee contributions$966,855
Employer contribution per active participant$1,050
Average account balance$80,267
Benefits paid to participants$960,603
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.1M · 200 accts · $201K emplr
2023$14.2M · 220 accts · $222K emplr
2022$12.5M · 263 accts · $210K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,602
Investment management$41,029
Total administrative$94,681
The Laufer Group International LTD 401(k) match · 2024
Employer contribution per active participant$1,050
Median for plans this size$2,416
2024$1,050 per active participant
2023$1,212 per active participant
2022$887 per active participant

Laufer Group International LTD's 2024 employer contribution ran below the $2,416 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
WILMINGTON TRUST NATIONAL ASSOC · Investment advisory (plan)$40,241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$31,602

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$94,681 · 0.63%
2023$94,340 · 0.71%
2022$37,519 · 0.28%
Same employer
Similar plansOther Services · New York
Scenic Hudson, Inc NY$15.8M · 0.24%
New York Film Academy, LTD. NY$15.8M · 0.63%
Accesscny, Inc. NY$15.8M · 0.79%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 134121879 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.