Laydon Industries, LLC.401(k)
LAYDON INDUSTRIES, LLC 401(K) PLAN - 002 · NEW HAVEN, CT · plan year 2022
Laydon Industries, LLC.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $6,094,069 across 111 participant accounts, with employer contributions averaging $1,996 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Connecticut (871st of 1,106), and 3,758th of 5,337 in construction. In 2022, employees put in $1.34 for every $1.00 the employer contributed.
Laydon Industries, LLC.'s 2022 employer contribution ran above the $1,114 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 202193189 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.