Plan Snapshot
- Plan Sponsor: L.B. Foster Company
- Sponsor EIN: 251324733
- Sponsor Address: 415 HOLIDAY DRIVE, PITTSBURGH, PA, 15220
- Plan Type: 401(k)
- Total Participants: 869
- Total Assets: $92.3M
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 | 869 | $92.3M | $3.0M | $4.6M |
| 2023 | 801 | $83.4M | $2.7M | $4.2M |
| 2022 | 804 | $70.5M | $1.6M | $3.6M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $21,591 | — | $21,591 |
| MILL CREEK CAPITAL ADVISORS, LLC | INVESTMENT ADVISOR | $16,316 | — | $16,316 |
| SCHNEIDER DOWNS CO | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- SCHNEIDER DOWNS CO — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,907
- Estimated Expense Ratio: 0.041% 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 | $27,750 | $37,907 | — | — | — |
| 2023 | $27,675 | $38,464 | — | — | — |
| 2022 | $66,093 | $22,439 | — | — | — |