Laboratory Institute of Merchandising 401(k) match, vesting and fees
What Laboratory Institute of Merchandising's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Life & Annuity Insurance Co | Schedule C ↗ |
| Independent auditor | Adeptus Partners LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 2,134 defined-contribution plans in educational services with 100 to 499 participants.
| Laboratory Institute of Merchandising: employer contribution per participant | $957 | |
| Peer median | $1,684 |
| Laboratory Institute of Merchandising: average balance | $64,042 | |
| Peer median | $62,952 |
| Laboratory Institute of Merchandising: admin expenses ÷ assets | 0.14% | |
| Peer median | 0.17% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $14.5M at the end of plan year 2021 to $13.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 423 | $13.4M | $200K | $957 | 0.14% | Not published | Form 5500 ↗ |
| 2023 | 264 | $13.1M | $0 | $0 | 0.12% | Not published | Form 5500 ↗ |
| 2022 | 244 | $11M | $0 | $0 | 0.10% | Not published | Form 5500 ↗ |
| 2021 | 238 | $14.5M | $0 | $0 | 0.10% | Not published | Form 5500 ↗ |
Other Laboratory Institute of Merchandising plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Lim College Adjunct Professors 401(k) Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Common questions
Does Laboratory Institute of Merchandising match 401(k) contributions?
The match terms for the Lim College 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $200K in employer contributions, about $957 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Laboratory Institute of Merchandising 401(k) match vested?
The vesting schedule for the Lim College 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Laboratory Institute of Merchandising 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Life & Annuity Insurance Co. The plan administrator is Laboratory Institute of Merchandising, Inc..
I left Laboratory Institute of Merchandising. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Laboratory Institute of Merchandising, Inc., (212) 310-0663) or the recordkeeper, Empower Life & Annuity Insurance Co. The Laboratory Institute of Merchandising old 401(k) page lists the contacts from every plan filing. Find an old Laboratory Institute of Merchandising 401(k)
Data from the public Form 5500 annual reports Laboratory Institute of Merchandising filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Laboratory Institute of Merchandising. Not financial advice. Report a correction · Methodology