Plan Ledger DOL Form 5500 · updated monthly

Lumsden & McCormick, LLP401(k)

LUMSDEN & MCCORMICK, LLP 401(K) PLAN · BUFFALO, NY · plan year 2025

Reported admin expense ratio · 2025
0.00%

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

Lumsden & McCormick, LLP reported $500 in plan administrative expenses for 2025: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,822 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 fell from 0.001% to 0.001%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,108th-largest of 5,648 plans among New York employers on file, and the 2,159th of 11,654 in professional & technical services. In 2025, employees put in $1.32 for every $1.00 the employer contributed; active participation has grown from 124 to 140 since 2022.

Plan summary
Net assets, end of year$66,430,307
Participants with balances186
Active participants140
Employer contributions$1,235,070
Employee contributions$1,635,075
Employer contribution per active participant$8,822
Average account balance$357,152
Benefits paid to participants$1,226,987
Plan auditUnmodified (clean) audit opinion
AuditorJEFFREY L. OFFHAUS CPA, LLC
Plan history4
Yearassets · accounts · employer contribution
2025$66.4M · 186 accts · $1.2M emplr
2024$55.6M · 167 accts · $1.1M emplr
2023$51.1M · 158 accts · $1.1M emplr
2022$40.6M · 153 accts · $1.1M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$500
Total administrative$500
The Lumsden & McCormick, LLP 401(k) match · 2025
Employer contribution per active participant$8,822
Median for plans this size$4,093
2025$8,822 per active participant
2024$8,492 per active participant
2023$9,238 per active participant
2022$8,534 per active participant

Lumsden & McCormick, LLP's 2025 employer contribution ran above the $4,093 median for plans its size, placing it in the top 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251

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

Administrative cost history4
2025$500 · 0.00%
2024$725 · 0.00%
2023$600 · 0.00%
2022$575 · 0.00%
Similar plansProfessional & Technical Services · New York
Fingerpaint Marketing, Inc. NY$67.2M · 0.36%
Integral Ad Science, Inc. NY$66.7M · 0.20%
Itn Holdings, LLC NY$66.3M · 0.10%
The Conference Board, Inc. NY$65.3M · 0.10%
McLaughlin & Stern, LLP NY$65.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160765486 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.