Plan Ledger DOL Form 5500 · updated monthly

Lazer Spot, Inc.401(k)

LAZER SPOT, INC. 401(K) PLAN · ALPHARETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Lazer Spot, Inc. reported $250,322 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,125 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 3 years on file its reported administrative ratio has held roughly steady near 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 490th-largest of 2,160 plans among Georgia employers on file, and the 402nd of 2,677 in transportation & warehousing. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has grown from 3,616 to 4,262 since 2022.

Plan summary
Net assets, end of year$46,395,827
Participants with balances2,130
Active participants4,262
Employer contributions$4,794,514
Employee contributions$8,651,111
Employer contribution per active participant$1,125
Average account balance$21,782
Benefits paid to participants$11,074,450
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.4M · 2,130 accts · $4.8M emplr
2023$38.3M · 2,048 accts · $4.6M emplr
2022$28.4M · 1,816 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$250,322
Total administrative$250,322
The Lazer Spot, Inc. 401(k) match · 2024
Employer contribution per active participant$1,125
Median for plans this size$2,416
2024$1,125 per active participant
2023$1,131 per active participant
2022$1,041 per active participant

Lazer Spot, Inc.'s 2024 employer contribution ran below the $2,416 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.

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
ADP, INC. · Loan processing · Recordkeeping$250,322
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$250,322 · 0.59%
2023$208,928 · 0.63%
2022$167,808 · 0.58%
Same employer
Similar plansTransportation & Warehousing · Georgia
Tirehub, LLC GA$64.7M · 0.48%
Capstone Logistics, LLC GA$50.3M · 0.93%
Epps Air Service, LLC GA$35.5M · 0.27%
Phoenix Air Group, Inc. GA$26.9M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582253369 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.