Laz Karp Associates 401(k) match, vesting and fees
What Laz Karp Associates' 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 | ADP, Inc. | Schedule C ↗ |
| Independent auditor | Cohnreznick LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 263 defined-contribution plans in other services with 1,000 to 4,999 participants.
| Laz Karp Associates: employer contribution per participant | $1,074 | |
| Peer median | $1,431 |
| Laz Karp Associates: average balance | $33,901 | |
| Peer median | $42,646 |
| Laz Karp Associates: admin expenses ÷ assets | 0.27% | |
| Peer median | 0.23% |
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 $72.6M at the end of plan year 2023 to $90.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 7,516 | $90.7M | $2.9M | $1,074 | 0.27% | Not published | Form 5500 ↗ |
| 2023 | 6,329 | $72.6M | $2.6M | $1,042 | 0.30% | Not published | Form 5500 ↗ |
Common questions
Does Laz Karp Associates match 401(k) contributions?
The match terms for the Laz Karp Associates, LLC 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $2.9M in employer contributions, about $1,074 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Laz Karp Associates 401(k) match vested?
The vesting schedule for the Laz Karp Associates, LLC 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Laz Karp Associates 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is ADP, Inc.. The plan administrator is Laz Karp Associates, LLC.
I left Laz Karp Associates. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Laz Karp Associates, LLC, (860) 522-7641) or the recordkeeper, ADP, Inc.. The Laz Karp Associates old 401(k) page lists the contacts from every plan filing. Find an old Laz Karp Associates 401(k)
Data from the public Form 5500 annual reports Laz Karp Associates filed with the U.S. Department of Labor (plan years 2023 and 2024) 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 Laz Karp Associates. Not financial advice. Report a correction · Methodology