Plan Ledger DOL Form 5500 · updated monthly

Laurel Administrative Services, Inc401(k)

LAUREL ADMINISTRATIVE SERVICES, INC. 401(K) PLAN · JOHNSTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Laurel Administrative Services, Inc reported $350 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $754 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 0.42% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Pennsylvania (3,367th of 3,651), and 1,469th of 2,240 in accommodation & food services. In 2024, employees put in $1.60 for every $1.00 the employer contributed; active participation has grown from 229 to 262 since 2022.

Plan summary
Net assets, end of year$1,897,924
Participants with balances159
Active participants262
Employer contributions$197,436
Employee contributions$315,005
Employer contribution per active participant$754
Average account balance$11,937
Benefits paid to participants$45,030
Plan auditUnmodified (clean) audit opinion
AuditorLALLY & CO
Plan history3
Yearassets · accounts · employer contribution
2024$1.9M · 159 accts · $197K emplr
2023$1.2M · 143 accts · $181K emplr
2022$665K · 104 accts · $148K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$350
Total administrative$350
The Laurel Administrative Services, Inc 401(k) match · 2024
Employer contribution per active participant$754
Median for plans this size$1,313
2024$754 per active participant
2023$730 per active participant
2022$647 per active participant

Laurel Administrative Services, Inc's 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024$350 · 0.02%
2023$3,017 · 0.32%
2022$2,267 · 0.42%
Similar plansAccommodation & Food Services · Pennsylvania
The Lodge at Woodloch PA$2.3M · 1.19%
Thomas E. Strauss, Inc. PA$1.5M · 0.94%
Prospera, LLC PA$1.5M · 0.74%
Rice Enterprises, LLC PA$1.3M · 1.37%
Oakmont Bakery, Inc. PA$1.3M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251671185 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.