Laforce, LLC 401(k) Review & Grade
Laforce, LLC 401(k) Plan
Green Bay, WIWholesale Trade611 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,578Employer $ per active participant
$6,739Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$100.7MNet plan assets, end of year
$121,278Average balance per account
Score breakdown
- Employer generosity33.6 / 5067th percentile for employer $ per participant
- Low cost15.2 / 2561th percentile for low admin cost vs. same-size plans
- Employee saving11.4 / 1576th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score63 / 100 · Grade B
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 67th |
| Lower admin cost | 61th |
| Employee saving | 76th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Laforce put in about $2,578 per active participant, more than the typical peer ($1,792). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,575,104 |
| Participant (employee) contributions | $4,117,655 |
| Other contributions (incl. rollovers in) | $1,825,536 |
| Administrative expenses paid from the plan | $151,051 |
| Investment advisory & management fees | $111,716 |
| Benefits paid out | $8,104,017 |
| Net assets, start / end of year | $84.6M / $100.7M |
| Active participants, start / end of year | 552 / 670 |
| Participants with account balances | 830 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Nicolet National Bank Retirment PL | $111,716 reported compensation |
| Fidelity Investments Institutional | $26,738 reported compensation |
| Baker Tilly US, LLP | $12,600 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250718140822NAL0001872129001, received 2025-07-18, EIN 39-0980509, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.