Plan Snapshot
- Plan Sponsor: L.F. Lambert Spawn Company, INC.
- Sponsor EIN: 232108555
- Sponsor Address: 1507 VALLEY ROAD, COATESVILLE, PA, 193202726
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 67
- Total Assets: $114,352
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 67 | $114,352 | $0 | $0 |
| 2024 | 68 | $68,139 | $838,031 | $81,850 |
| 2023 | 71 | $258,760 | $912,954 | $1,340 |
| 2022 | 102 | $86,962 | $263,160 | $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 |
|---|---|---|---|---|
| TOMPKINS INSURANCE | Investment Advisor | $29,015 | — | $29,015 |
| THE BENECON GROUP | Investment Advisor | $27,153 | — | $27,153 |
| INDEPENDENCE ADMINISTRATORS | Other Service Provider | $12,854 | — | $12,854 |
| REVIVEHEALTH, INC. | Other Service Provider | $10,842 | — | $10,842 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $79,864
- Estimated Expense Ratio: 69.840% 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 | $1,223,639 | — | — | — | — |
| 2024 | $1,287,323 | — | — | — | — |
| 2023 | $790,858 | — | — | — | — |
| 2022 | $179,351 | — | — | — | — |