Plan Ledger DOL Form 5500 · updated monthly

Lavazza North America, Inc.401(k)

LAVAZZA PROFESSIONAL NORTH AMERICA, LLC 401K PLAN · WEST CHESTER, PA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Lavazza North America, Inc. reported $27,694 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,289 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 1 year on file its reported administrative ratio fell from 0.091% to 0.086%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,055th-largest of 3,651 plans among Pennsylvania employers on file, and the 4,020th of 13,661 in manufacturing. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,209,963
Participants with balances466
Active participants380
Employer contributions$2,009,700
Employee contributions$3,010,420
Employer contribution per active participant$5,289
Average account balance$75,558
Benefits paid to participants$3,847,527
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$35.2M · 466 accts · $2.0M emplr
2023$29.1M · 404 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,960
Investment management$734
Total administrative$27,694
The Lavazza North America, Inc. 401(k) match · 2024
Employer contribution per active participant$5,289
Median for plans this size$2,416
2024$5,289 per active participant
2023$5,438 per active participant

Lavazza North America, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$26,960

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history2
2024$27,694 · 0.09%
2023$20,322 · 0.09%
Same employer
Similar plansManufacturing · Pennsylvania
Bally Ribbon Mills PA$35.9M · 0.43%
Fs-Elliott Co., LLC PA$35.5M · 0.44%
The Secant Group, LLC PA$35.3M · 0.13%
A. Stucki Company PA$35.3M · 0.39%
Thlp Co., LLP PA$34.9M · 0.33%
Opta Group LP PA$34.9M · 0.28%
Engel Machinery, Inc. PA$34.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 384099125 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.