Plan Ledger DOL Form 5500 · updated monthly

Mm. Lafleur Inc.401(k)

MM. LAFLEUR INC. 401(K) PLAN · NY, NY · plan year 2023

Reported admin expense ratio · 2023
0.87%

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

Mm. Lafleur Inc. reported $31,580 in plan administrative expenses for 2023: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,543 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 has held roughly steady near 0.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (4,698th of 5,648), and 4,099th of 5,215 in retail trade. In 2023, employees put in $2.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,861,717
Participants with balances91
Active participants44
Employer contributions$111,903
Employee contributions$296,161
Employer contribution per active participant$2,543
Average account balance$42,436
Benefits paid to participants$627,903
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$3.9M · 91 accts · $112K emplr
2022$3.4M · 161 accts · $136K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$19,873
Investment management$11,707
Total administrative$31,580
The Mm. Lafleur Inc. 401(k) match · 2023
Employer contribution per active participant$2,543
Median for plans this size$1,308
2023$2,543 per active participant
2022$3,765 per active participant

Mm. Lafleur Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$10,678
EMPOWER ADVISORY GROUP, LLC · Investment management$1,029

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

Administrative cost history2
2023$31,580 · 0.87%
2022$32,914 · 0.86%
Similar plansRetail Trade · New York
Kleinfeld Bridal Corp. NY$4.0M · 0.01%
Cancos Tile & Stone LLC NY$4.0M · 0.29%
Zachys Wine & Liquor NY$3.8M · 0.56%
Cayuga Nation of Indians NY$3.8M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813321932 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.