Plan Ledger DOL Form 5500 · updated monthly

Loureiro Engineering Associates, Inc.401(k)

LOUREIRO ENGINEERING ASSOCIATES, INC 401(K) PLAN · PLAINVILLE, CT · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Loureiro Engineering Associates, Inc. reported $73,837 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $3,428 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 0.29% to 0.31%. 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 the 486th-largest of 1,106 plans among Connecticut employers on file, and the 4,716th of 11,654 in professional & technical services. In 2024, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,277,016
Participants with balances258
Active participants163
Employer contributions$558,693
Employee contributions$1,231,258
Employer contribution per active participant$3,428
Average account balance$97,973
Benefits paid to participants$2,606,330
Plan auditUnmodified (clean) audit opinion
AuditorSIMONE, MACCA & LARROW, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.3M · 258 accts · $559K emplr
2023$23.0M · 272 accts · $515K emplr
2022$20.5M · 1 accts · $508K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,837
Total administrative$73,837
The Loureiro Engineering Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$3,428
Median for plans this size$2,416
2024$3,428 per active participant
2023$3,048 per active participant
2022$2,836 per active participant

Loureiro Engineering Associates, Inc.'s 2024 employer contribution ran above 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 · 20243
SMITH BROTHERS FINANCIAL LLC · Investment advisory (plan)$35,159
PENSION CONSULTANTS, INC. · Contract administrator$16,922

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$73,837 · 0.31%
2023$55,602 · 0.26%
2022$65,757 · 0.29%
All plans at this employer2
LOUREIRO ENGINEERING ASSOCIATES, INC 401(K) PLAN401(k)
LOUREIRO ENGINEERING ASSOCIATES, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Pelli Clarke & Partners CT$27.2M · 0.37%
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Simitree Acquisition LLC CT$21.6M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060918334 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.