Plan Snapshot
- Plan Sponsor: Glen J Lerner Esq
- Sponsor EIN: 880285623
- Sponsor Address: 4795 S DURANGO DR, LAS VEGAS, NV, 891478144
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 143
- Total Assets: $8.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2025 | 143 | $8.3M | $0 | $0 |
| 2024 | 115 | $6.9M | $322,074 | $557,657 |
| 2023 | 124 | $5.3M | $265,668 | $490,059 |
| 2022 | 120 | $4.1M | $345,955 | $450,457 |
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 |
|---|---|---|---|---|
| UNITED PLANNERS FINANCIAL SERVICES | Investment Advisor | $35,698 | — | $35,698 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,698
- Estimated Expense Ratio: 0.431% 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 |
|---|---|---|---|---|---|
| 2025 | $619,196 | $35,698 | $1,714 | — | — |
| 2024 | $31,784 | $29,829 | $1,095 | — | — |
| 2023 | $25,316 | $22,097 | $2,359 | — | — |
| 2022 | $21,144 | $19,245 | $1,899 | — | — |