Lax, LLC401(k)
LAX, LLC 401(K) PLAN · FOXBOROUGH, MA · plan year 2020
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Lax, LLC reported $13,574 in plan administrative expenses for 2020: 0.46% of average plan assets, above the peer median. Employer contributions averaged $153 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 6 years on file its reported administrative ratio rose from 0.22% to 2.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 294 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Massachusetts (2,489th of 2,726), and 1,933rd of 2,677 in transportation & warehousing. In 2020, employees put in $2.67 for every $1.00 the employer contributed; active participation has shrunk from 677 to 583 since 2016.
Lax, LLC's 2020 employer contribution ran below the $893 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.
Annual cost at the plan's reported 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 811120114 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.