Plan Ledger DOL Form 5500 · updated monthly

Lavitt Group, Inc.401(k)

LAVITT GROUP, INC. 401(K) PLAN · SYOSSET, NY · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Lavitt Group, Inc. reported $112,848 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,192 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 3 years on file its reported administrative ratio rose from 0.45% to 0.80%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 2,725th-largest of 5,648 plans among New York employers on file, and the 1,667th of 5,215 in retail trade. In 2024, employees put in $6.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,471,488
Participants with balances130
Active participants70
Employer contributions$83,416
Employee contributions$543,705
Employer contribution per active participant$1,192
Average account balance$134,396
Benefits paid to participants$836,895
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$16.5M · 112 accts · $18K emplr
2024$17.5M · 130 accts · $83K emplr
2023$15.7M · 128 accts · $126K emplr
2022$13.8M · 135 accts · $198K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$112,848
Total administrative$112,848
The Lavitt Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,192
Median for plans this size$2,416
2025$311 per active participant
2024$1,192 per active participant
2023$2,073 per active participant
2022$2,752 per active participant

Lavitt Group, Inc.'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 · 20245
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$22,036
PKF O'CONNOR DAVIES LLP$10,950
LITTLER MENDELSON, P.C. · Legal$6,380
THE PARAGON ALLIANCE GROUP, LLC · Contract administrator$600

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

Administrative cost history4
2025$136,344 · 0.80%
2024$112,848 · 0.68%
2023$120,144 · 0.81%
2022$71,607 · 0.45%
Similar plansRetail Trade · New York
Capsule Corp NY$18.0M · 0.37%
The Wine Enthusiast, Inc. NY$18.0M · 0.33%
Maguire Automotive, LLC NY$17.1M · 0.33%
Davidson Chevrolet, Inc. NY$17.0M · 0.34%
Joe Basil Chevrolet NY$16.9M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 863159249 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.