# L & M Companies, INC. Health & Welfare Plan
Source: https://planprovider.pro/companies/l-m-companies-inc-560811549-501

> L & M Companies, INC.'s Health & Welfare plan: 140 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** L & M Companies, INC.

- **Sponsor EIN:** 560811549

- **Sponsor Address:** 2925 HUNTLEIGH DRIVE, SUITE 204, RALEIGH, NC, 27604

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 140

- **Total Assets:** $962,984

## 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.|

| 2024|140|$962,984|$1.0M|$1.1M|

| 2023|216|$1.7M|$1.8M|$859,371|

| 2022|181|$1.5M|$1.8M|$881,417|

## 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|

| FLORES AND ASSOCIATES|Other Service Provider|$121,638|—|$121,638|

| NEW YORK LIFE|Other Service Provider|$93,264|—|$93,264|

| AETNA LIFE INSURANCE CO|Other Service Provider|$92,755|—|$92,755|

| AON CONSULTING|Other Service Provider|$44,000|—|$44,000|

| ACA TRACK LLC|Other Service Provider|$38,028|—|$38,028|

| FIRST CITIZENS BANK & TRUST COMPANY|Other Service Provider|$9,090|—|$9,090|

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $398,775

- **Estimated Expense Ratio:** 41.410% 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|$158,830|—|$96,067|—|—|

| 2023|$112,091|—|$70,091|—|—|

| 2022|$109,000|—|$70,998|—|$38,002|

## Similar Plans

- [L&M Companies, INC.](https://planprovider.pro/companies/l-m-companies-inc-401k-plan) — 223 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/l-m-companies-inc-560811549-501)

© 2026 PlanProvider.Pro