Plan Snapshot
- Plan Sponsor: L & R Industries, INC.
- Sponsor EIN: 431453032
- Sponsor Address: P.O. BOX 542, CABOOL, MO, 65689
- Plan Type: 401(k)
- Total Participants: 161
- Total Assets: $9.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 161 | $9.9M | $928,947 | $572,007 |
| 2023 | 150 | $8.5M | $872,303 | $528,115 |
| 2022 | 130 | $6.2M | $785,906 | $455,272 |
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 |
|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL SERVICES | Investment Advisor | $9,000 | — | $9,000 |
| NEWPORT GROUP, INC. | Recordkeeper | $7,894 | — | $7,894 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,894
- Estimated Expense Ratio: 0.170% 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 | $33,862 | $33,862 | — | — | — |
| 2023 | $33,263 | $33,263 | — | — | — |
| 2022 | $32,081 | $32,081 | — | — | — |