Plan Ledger DOL Form 5500 · updated monthly

Los Angeles Apparel, Inc.401(k)

LOS ANGELES APPAREL 401(K) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
6.34%

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

Los Angeles Apparel, Inc. reported $60,363 in plan administrative expenses for 2024: 6.34% of average plan assets, higher than ~90% of peers. Employer contributions averaged $39 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 2 years on file its reported administrative ratio rose from 0.18% to 6.34%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (8,788th of 9,483), and 13,246th of 13,661 in manufacturing. In 2024, employees put in $4.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,082,831
Participants with balances681
Active participants1,461
Employer contributions$57,309
Employee contributions$285,438
Employer contribution per active participant$39
Average account balance$1,590
Benefits paid to participants$122,583
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.1M · 681 accts · $57K emplr
2023$822K · 893 accts · $55K emplr
2022$499K · 1,128 accts · $140K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,363
Total administrative$60,363
The Los Angeles Apparel, Inc. 401(k) match · 2024
Employer contribution per active participant$39
Median for plans this size$540
2024$39 per active participant
2023$47 per active participant
2022$103 per active participant

Los Angeles Apparel, Inc.'s 2024 employer contribution ran below the $540 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 · 20241
MINNESOTA LIFE INSURANCE COMPANY · Contract administrator · Recordkeeping$60,363

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

Recordkeeper by year2
2024Securian
2023Securian

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Administrative cost history3
2024$60,363 · 6.34%
2023$16,406 · 2.48%
2022$918 · 0.18%
Similar plansManufacturing · California
Ump, Inc. CA$1.1M · 0.99%
9TO5 Seating LLC CA$1.1M · 1.39%
Marathon Industries, Inc. CA$1.1M · 1.37%
Brewery X, LLC CA$1.1M · 1.06%
3DEO Inc CA$1.0M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813121592 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.