Plan Ledger DOL Form 5500 · updated monthly

Lawrence Tractor Company, Inc.401(k)

LAWRENCE TRACTOR COMPANY, INC. 401(K) PROFIT SHARING PLAN · VISALIA, CA · plan year 2023

Reported admin expense ratio · 2023
0.18%

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

Lawrence Tractor Company, Inc. reported $32,181 in plan administrative expenses for 2023: 0.18% of average plan assets, below the peer median. Employer contributions averaged $5,155 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 0.20% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 3,808th-largest of 9,483 plans among California employers on file, and the 1,564th of 5,215 in retail trade. In 2023, the employer put in $1.55 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$18,675,098
Participants with balances143
Active participants115
Employer contributions$592,851
Employee contributions$383,668
Employer contribution per active participant$5,155
Average account balance$130,595
Benefits paid to participants$2,367,672
Plan auditDisclaimer of opinion
AuditorM GREEN & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.8M · 128 accts · $981K emplr
2023$18.7M · 143 accts · $593K emplr
2022$18.0M · 138 accts · $586K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,680
Investment management$701
Total administrative$32,181
The Lawrence Tractor Company, Inc. 401(k) match · 2023
Employer contribution per active participant$5,155
Median for plans this size$2,440
2024$8,920 per active participant
2023$5,155 per active participant
2022$5,281 per active participant

Lawrence Tractor Company, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$11,680
M GREEN & COMPANY LLP · Accounting / audit$19,800

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$30,836 · 0.17%
2023$32,181 · 0.18%
2022$37,571 · 0.20%
Same employer
Similar plansRetail Trade · California
Majco LLC CA$19.2M · 0.45%
Thredup Inc. CA$18.5M · 0.40%
Weee Inc. CA$18.2M · 0.11%
Knight Holdings, Inc. CA$18.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941713405 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.