Plan Snapshot
- Plan Sponsor: Lacroix Electronics Mi, LLC
- Sponsor EIN: 010931398
- Sponsor Address: 1655 MICHIGAN STREET NE, GRAND RAPIDS, MI, 49503
- Plan Type: 401(k)
- Total Participants: 139
- Total Assets: $5.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- 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 | 139 | $5.5M | $215,398 | $546,906 |
| 2023 | 140 | $4.9M | $212,226 | $531,148 |
| 2022 | 166 | $3.9M | $178,880 | $461,440 |
| 2021 | 132 | $4.2M | $0 | $0 |
| 2020 | 153 | $3.5M | $0 | $0 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $5,576 | $2,461 | $3,115 | — | — |
| 2023 | $3,814 | $1,969 | $1,845 | — | — |
| 2022 | $2,285 | $1,210 | $1,075 | — | — |
| 2021 | $1,953 | $863 | $1,090 | — | — |
| 2020 | $1,909 | $548 | $1,361 | — | — |