Plan Ledger DOL Form 5500 · updated monthly

Lessard Design Inc.401(k)

LESSARD DESIGN INC. EMPLOYEES SAVINGS TRUST · VIENNA, VA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Lessard Design Inc. reported $29,750 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,371 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 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,270th of 2,266), and 7,021st of 11,654 in professional & technical services. In 2024, employees put in $6.75 for every $1.00 the employer contributed; active participation has shrunk from 69 to 52 since 2022.

Plan summary
Net assets, end of year$13,271,771
Participants with balances143
Active participants52
Employer contributions$71,272
Employee contributions$481,362
Employer contribution per active participant$1,371
Average account balance$92,810
Benefits paid to participants$599,492
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 143 accts · $71K emplr
2023$11.1M · 144 accts · $69K emplr
2022$9.6M · 154 accts · $71K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$938
Investment management$28,812
Total administrative$29,750
The Lessard Design Inc. 401(k) match · 2024
Employer contribution per active participant$1,371
Median for plans this size$2,416
2024$1,371 per active participant
2023$1,163 per active participant
2022$1,033 per active participant

Lessard Design Inc.'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
WEALTHPLANS LLC · Investment advisory (plan)$28,812
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$938

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$29,750 · 0.24%
2023$26,499 · 0.26%
2022$28,337 · 0.26%
Similar plansProfessional & Technical Services · Virginia
Academy Parent, LLC VA$13.4M · 0.11%
Spin Systems, Inc. VA$13.3M · 0.67%
Esentire America VA$13.3M · 0.64%
Pangiam Holdings, LLC VA$13.3M · 0.57%
Widepoint Corporation VA$13.3M · 0.47%
Interimage, Inc. VA$13.2M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261471568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.