Plan Snapshot
- Plan Sponsor: L. M. Sandler & Sons, INC.
- Sponsor EIN: 541737065
- Sponsor Address: 448 VIKING DRIVE, VIRGINIA BEACH, VA, 23452
- Plan Type: 401(k)
- Total Participants: 328
- Total Assets: $30.5M
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 | 328 | $30.5M | $256,999 | $2.1M |
| 2023 | 345 | $27.7M | $278,209 | $2.1M |
| 2022 | 423 | $24.1M | $303,470 | $2.4M |
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 |
|---|---|---|---|---|
| WALL, EINHORN & CHERNITZER, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $112,415 | — | $112,415 | — | — |
| 2023 | $103,850 | — | $103,850 | — | — |
| 2022 | $100,490 | — | $100,490 | — | — |