Plan Snapshot
- Plan Sponsor: L.P. Industries, INC.
- Sponsor EIN: 592362599
- Sponsor Address: 284 N.E. 79TH STREET, MIAMI, FL, 331384819
- Plan Type: 401(k)
- Total Participants: 83
- Total Assets: $7.8M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 83 | $7.8M | $299,640 | $270,976 |
| 2023 | 127 | $7.0M | $311,212 | $271,727 |
| 2022 | 109 | $6.9M | $317,862 | $258,359 |
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 |
|---|---|---|---|---|
| THE BENEFIT PRACTICE | Recordkeeper | $2,616 | $16,671 | $19,287 |
| MORGAN STANLEY SMITH BARNEY LLC | Investment Advisor | — | $10,697 | $10,697 |
| NATIONWIDE | Recordkeeper | $7,756 | — | $7,756 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY LLC — Investment Advisor
- NATIONWIDE — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,740
- Estimated Expense Ratio: 0.482% 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 | $16,565 | — | $16,565 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |