Plan Ledger DOL Form 5500 · updated monthly

Lautrec, LTD.401(k)

LAUTREC, LTD. EMPLOYEES' 401(K) PLAN · FARMINGTON HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Lautrec, LTD. reported $825 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $187 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 0.013% to 0.006%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,259th-largest of 2,619 plans among Michigan employers on file, and the 849th of 2,096 in real estate & leasing. In 2024, employees put in $7.11 for every $1.00 the employer contributed; active participation has grown from 429 to 480 since 2022.

Plan summary
Net assets, end of year$14,914,845
Participants with balances114
Active participants480
Employer contributions$89,858
Employee contributions$638,788
Employer contribution per active participant$187
Average account balance$130,832
Benefits paid to participants$1,992,091
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 114 accts · $90K emplr
2023$14.3M · 122 accts · $111K emplr
2022$13.3M · 122 accts · $105K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$825
Total administrative$825
The Lautrec, LTD. 401(k) match · 2024
Employer contribution per active participant$187
Median for plans this size$2,416
2024$187 per active participant
2023$238 per active participant
2022$245 per active participant

Lautrec, 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 · 20241

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$825 · 0.01%
2023$350 · 0.00%
2022$1,917 · 0.01%
Same employer
Similar plansReal Estate & Leasing · Michigan
Class Valuation, LLC MI$18.0M · 0.64%
Jack Doheny Company MI$16.6M · 0.49%
Friedman Management Company MI$15.4M · 0.75%
Cinnaire Corporation MI$15.4M · 0.45%
Rpt Realty, Inc. MI$14.3M · 0.43%
Easy Ice, LLC MI$13.4M · 0.52%
Star Truck Rentals, Inc. MI$13.2M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382098021 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.