# L/B Water Service, INC. 401(k) Plan
Source: https://planprovider.pro/companies/l-b-water-service-inc-753036438-001

> L/B Water Service, INC.&#39;s 401(k) plan: 237 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** L/B Water Service, INC.

- **Sponsor EIN:** 753036438

- **Sponsor Address:** 593 SOUTH HIGH STREET, SELINSGROVE, PA, 178701302

- **Plan Type:** 401(k)

- **Plan Number:** 001

- **Total Participants:** 237

- **Total Assets:** $22.4M

## 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|237|$22.4M|$748|$1.6M|

| 2023|232|$23.1M|$0|$1.6M|

| 2022|222|$18.6M|$0|$1.4M|

## 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|

| PRINCIPAL LIFE INSURANCE COMPANY|Recordkeeper|$111,526|—|$111,526|

| CORNERSTONE ADVISORS ASSET MGMT|Investment Advisor|—|$66,966|$66,966|

| THE ANGELL PENSION GROUP INC|Recordkeeper|—|$10,858|$10,858|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [CORNERSTONE ADVISORS ASSET MGMT](https://planprovider.pro/provider/cornerstone-management-inc) — Investment Advisor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $189,350

- **Estimated Expense Ratio:** 0.845% 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|$111,527|—|$111,527|—|—|

| 2023|$111,019|—|$111,019|—|—|

| 2022|$89,136|—|$89,136|—|—|

## Similar Plans

- [Benco Dental Supply Co.](https://planprovider.pro/companies/benco-dental-supply-company-401k-plan) — 1,527 participants

- [Aramsco, INC.](https://planprovider.pro/companies/aramsco-inc-401k-plan) — 1,050 participants

- [L.B. Foster Company](https://planprovider.pro/companies/l-b-foster-company-401k-plan-201) — 869 participants

- [Century Kitchens, INC.](https://planprovider.pro/companies/century-kitchens-inc-401k-plan) — 294 participants

- [Bearings & Drives Unlimited, INC.](https://planprovider.pro/companies/bearings-drives-unlimited-inc-401k-plan) — 255 participants

- [Stauffer Manufacturing Company](https://planprovider.pro/companies/stauffer-manufacturing-company-401k-plan) — 230 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/l-b-water-service-inc-753036438-001)

&copy; 2026 PlanProvider.Pro
