Plan Ledger DOL Form 5500 · updated monthly

Lifetime Brands, Inc.401(k)

LIFETIME BRANDS, INC. 401(K) SAVINGS PLAN · GARDEN CITY, NY · plan year 2024

Reported admin expense ratio · 2024
0.23%

Lifetime Brands, Inc. reported $200,999 in plan administrative expenses for 2024: 0.23% of average plan assets, above the peer median. 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 0.229%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 841st-largest of 5,648 plans among New York employers on file, and the 445th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$93,342,543
Participants with balances933
Active participants807
Employer contributions—
Employee contributions$5,784,777
Employer contribution per active participant—
Average account balance$100,046
Benefits paid to participants$6,759,900
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$93.3M · 933 accts
2023$82.2M · 981 accts
2022$69.4M · 1,023 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$156,020
Investment management$44,979
Total administrative$200,999
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$156,020
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$44,979

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$200,999 · 0.23%
2023$173,867 · 0.23%
2022$176,890 · 0.23%
Same employer
Similar plansWholesale Trade · New York
Subaru Distributors Corp NY$101.0M · 0.10%
Campari America NY$97.9M · 0.06%
Hartree Partners, LP NY$95.2M · 0.01%
Empire Merchants, LLC NY$91.9M · 0.19%
Krasdale Foods, Inc. NY$90.1M · 0.04%
Richline Group, Inc. NY$88.5M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112682486 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.