Plan Ledger DOL Form 5500 · updated monthly

Lawson Operating Company, LLC401(k)

THE LAWSON COMPANIES 401(K) PLAN · NORFOLK, VA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Lawson Operating Company, LLC reported $21,724 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $1,625 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 0.16% to 0.15%. 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 among the smaller plans on file in Virginia (1,161st of 2,266), and the 822nd of 2,096 in real estate & leasing. In 2024, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,533,083
Participants with balances255
Active participants199
Employer contributions$323,284
Employee contributions$787,255
Employer contribution per active participant$1,625
Average account balance$60,914
Benefits paid to participants$1,715,778
Plan auditUnmodified (clean) audit opinion
AuditorWALL, EINHORN & CHERNITZER, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 255 accts · $323K emplr
2023$14.1M · 268 accts · $307K emplr
2022$12.0M · 238 accts · $305K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,724
Investment management$18,000
Total administrative$21,724
The Lawson Operating Company, LLC 401(k) match · 2024
Employer contribution per active participant$1,625
Median for plans this size$2,416
2024$1,625 per active participant
2023$1,556 per active participant
2022$1,624 per active participant

Lawson Operating Company, LLC's 2024 employer contribution ran below the $2,416 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.

Service providers · 20242
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$18,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,724

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

Administrative cost history3
2024$21,724 · 0.15%
2023$21,661 · 0.17%
2022$21,307 · 0.16%
Same employer
Similar plansReal Estate & Leasing · Virginia
Kpm, LLC VA$18.0M · 0.02%
Divaris Real Estate, Inc. VA$14.9M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814251299 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.