Plan Snapshot
- Plan Sponsor: Lafayette Venetian Blind, INC.
- Sponsor EIN: 351449682
- Sponsor Address: 3000 KLONDIKE ROAD, WEST LAFAYETTE, IN, 47906
- Plan Type: 401(k)
- Total Participants: 320
- Total Assets: $28.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 320 | $28.2M | $232,847 | $630,223 |
| 2023 | 344 | $26.6M | $249,378 | $695,349 |
| 2022 | 377 | $24.4M | $271,326 | $784,877 |
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 |
|---|---|---|---|---|
| LAKE CITY BANK | TRUSTEE | $82,704 | — | $82,704 |
| ASCENSUS CONSULTING | RECORD-KEEPER | $28,675 | $35 | $28,710 |
| FORVIS MAZARS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $111,414
- Estimated Expense Ratio: 0.395% 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 | $99,996 | — | $99,996 | — | — |
| 2023 | $100,475 | — | $100,475 | — | — |
| 2022 | $99,800 | — | $99,800 | — | — |