Plan Snapshot
- Plan Sponsor: Lazard Freres & Co. LLC
- Sponsor EIN: 135545100
- Sponsor Address: 30 ROCKEFELLER PLAZA, NEW YORK, NY, 10112
- Plan Type: 401(k)
- Total Participants: 1,722
- Total Assets: $832.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,722 | $832.0M | $12.8M | $34.6M |
| 2023 | 1,751 | $724.4M | $13.7M | $36.3M |
| 2022 | 1,820 | $593.7M | $12.2M | $31.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| DELOITTE & TOUCHE LLP | ACCOUNTANT/AUDITOR | $135,014 | — | $135,014 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $112,702 | — | $112,702 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $52,406 | — | $52,406 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DELOITTE & TOUCHE LLP — ACCOUNTANT/AUDITOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $300,122
- Estimated Expense Ratio: 0.036% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $413,604 | $154,917 | $1,200 | $135,014 | — |
| 2023 | $314,285 | $41,227 | — | $102,873 | — |
| 2022 | $263,328 | $83 | — | — | $25,282 |