Plan Snapshot
- Plan Sponsor: Ladies & Gentlemen Hair Stylists, INC.
- Sponsor EIN: 341548748
- Sponsor Address: 7009 CENTER STREET, MENTOR, OH, 44060
- Plan Type: 401(k)
- Total Participants: 156
- Total Assets: $5.0M
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 | 156 | $5.0M | $0 | $342,244 |
| 2023 | 158 | $4.6M | $0 | $296,970 |
| 2022 | 172 | $4.0M | $0 | $266,054 |
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 |
|---|---|---|---|---|
| CETERA RETIREMENT PLAN SPECIALISTS | Recordkeeper | $13,773 | — | $13,773 |
| FOURTH DIMENSION WEALTH LLC | Investment Advisor | $10,069 | — | $10,069 |
| CETERA INVESTMENT ADVISORS LLC | Investment Advisor | $6,738 | — | $6,738 |
| TRANSAMERICA LIFE INSURANCE COMPANY | Recordkeeper | $5,794 | — | $5,794 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA LIFE INSURANCE COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,374
- Estimated Expense Ratio: 0.734% 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 | $31,210 | $13,444 | $13,773 | — | — |
| 2023 | $26,031 | $16,571 | $9,460 | — | — |
| 2022 | $20,447 | $20,447 | — | — | — |