Plan Snapshot
- Plan Sponsor: L & F Distributors, LLC
- Sponsor EIN: 742200646
- Sponsor Address: 3900 NORTH MCCOLL ROAD, MCALLEN, TX, 78502
- Plan Type: 401(k)
- Total Participants: 1,298
- Total Assets: $31.7M
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. |
|---|---|---|---|---|
| 2024 | 1,298 | $31.7M | $1.0M | $1.7M |
| 2023 | 1,354 | $28.0M | $993,264 | $1.6M |
| 2022 | 1,346 | $23.6M | $934,359 | $1.6M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $72,565 | — | $72,565 |
| WORLD INVESTMENT ADVISORS LLC | INVESTMENT ADVISOR | $61,884 | — | $61,884 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $20,768 | — | $20,768 |
| KIMBERLIN COMPANY, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KIMBERLIN COMPANY, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $155,217
- Estimated Expense Ratio: 0.489% 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 | $155,217 | $82,652 | — | — | — |
| 2023 | $126,917 | $67,489 | — | — | — |
| 2022 | $121,023 | — | $121,023 | — | — |