Plan Ledger DOL Form 5500 · updated monthly

Laz II, Inc.401(k)

LAZ II INC. 401(K) PLAN · MACOMB, IL · plan year 2019

Employer contribution per participant · 2019
$28

Laz II, Inc.'s 2019 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 $60,466 across 3 participant accounts, with employer contributions averaging $28 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 102 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Illinois (3,675th of 3,702), and 2,172nd of 2,240 in accommodation & food services. In 2019, employees put in $4.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$60,466
Participants with balances3
Active participants233
Employer contributions$6,454
Employee contributions$28,027
Employer contribution per active participant$28
Average account balance$20,155
Plan auditDisclaimer of opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2019$60K · 3 accts · $6K emplr
2018$20K · 3 accts · $6K emplr
2017$1K · 1 accts · $619 emplr
The Laz II, Inc. 401(k) match · 2019
Employer contribution per active participant$28
Median for plans this size$169
2019$28 per active participant
2018$28 per active participant
2017$3 per active participant

Laz II, Inc.'s 2019 employer contribution ran below the $169 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.

Administrative cost history3
2019Not separately reported
2018Not separately reported
2017Not separately reported
Similar plansAccommodation & Food Services · Illinois
Clever Ideas, Inc. IL$213K · 0.34%
Ath Employment LLC IL$101K · 0.66%
Gourmet Gorilla Inc IL$92K · 1.07%
Jdd Investment Company IL$6K · 4.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 811265541 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.