Plan Snapshot
- Plan Sponsor: Lafrance Corporation
- Sponsor EIN: 231478614
- Sponsor Address: P.O. BOX 5002, CONCORDVILLE, PA, 193315002
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 273
- Total Assets: $39.9M
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. |
|---|---|---|---|---|
| 2025 | 273 | $39.9M | $0 | $0 |
| 2024 | 188 | $35.4M | $372,397 | $1.0M |
| 2023 | 190 | $30.3M | $328,947 | $915,726 |
| 2022 | 205 | $26.4M | $327,613 | $904,879 |
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 |
|---|---|---|---|---|
| PNC BANK NATIONAL ASSOCIATION | Other Service Provider | $38,950 | — | $38,950 |
| JOHN HANCOCK | Other Service Provider | $36,243 | — | $36,243 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $75,193
- Estimated Expense Ratio: 0.189% 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 |
|---|---|---|---|---|---|
| 2025 | $2,415,237 | $40,439 | $34,754 | — | — |
| 2024 | $66,153 | $35,916 | $30,237 | — | — |
| 2023 | $56,477 | $28,990 | $27,487 | — | — |
| 2022 | $97,339 | $6,518 | $90,821 | — | — |