Retirement plan

LAUB INTERNATIONAL, INC. NON-UNION PROFIT SHARING PLAN

Name: LAUB INTERNATIONAL, INC - LAUB INTERNATIONAL, INC. NON-UNION PROFIT SHARING PLAN (2024) Form 5500
Creator: LAUB INTERNATIONAL, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAUB INTERNATIONAL, INC. NON-UNION PROFIT SHARING PLAN, LAUB INTERNATIONAL, INC

LAUB INTERNATIONAL, INCEIN 16-1117490Plan #002PY 2024

1051 CLINTON STREET - BUFFALO, NY 14206716-853-3703laubinternational.comLinkedIn1-10 employeesmarketing and advertising

Other plans on this EIN

1 filing

#001Retirement-$787K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$367K

+17.0% from 2023

Total participants

+14.3% from 2023

Average account balance

$45,847

+2.4% from 2023

Annual return

13.67%

-3.29 pp from 2023

Benchmarks

See 1,614 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort1,614 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$459K

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$51K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$59K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.47%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$2703

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$23K

$2841 / participant

Other / not subdivided$23K100.0%

% of EOY assets

6.196%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,847

$123,750-63.0%

$69,611-34.1%

$145,877-68.6%

Participation rate

100.0%

69.2%+30.8pp

66.4%+33.6pp

80.3%+19.7pp

Annual return

13.67%

192.03%-178.4pp

101.14%-87.5pp

551.28%-537.6pp

Employer contribution / active EE

$2,972

$2,672+11.3%

$1,709+74.0%

$4,663-36.3%

Participant deferral / active EE

$838

$4,243-80.2%

$2,891-71.0%

$6,691-87.5%

Admin fee / account holder

$2,841

$7,817-63.7%

$4,696-39.5%

$13,402-78.8%

LAUB INTERNATIONAL, INC. NON-UNION PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAUB INTERNATIONAL, INC. NON-UNION PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion