Plan Snapshot
- Plan Sponsor: L.N.K. International, INC.
- Sponsor EIN: 112540844
- Sponsor Address: 22 ARKAY DRIVE, HAUPPAUGE, NY, 11788
- Plan Type: DC
- Total Participants: 1,967
- Total Assets: $39.4M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,967 | $39.4M | $1.4M | $2.8M |
| 2023 | 1,879 | $33.4M | $1.4M | $2.7M |
| 2022 | 1,683 | $27.6M | $1.4M | $2.7M |
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 | CONTRACT ADMINISTRATOR | $162,269 | — | $162,269 |
| THE WEALTH ALLANCE, LLC | INVESTMENT ADVISORY | — | $67,038 | $67,038 |
| ORENDA RETIREMENT, LLC | CONTRACT ADMINISTRATOR | $36,558 | $16,846 | $53,404 |
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $282,711
- Estimated Expense Ratio: 0.718% 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 | $198,795 | — | $198,795 | — | — |
| 2023 | $172,326 | — | $172,326 | — | — |
| 2022 | $120,820 | — | $120,820 | — | — |