Plan Snapshot
- Plan Sponsor: Lake Erie Tobacco Company
- Sponsor EIN: 760815741
- Sponsor Address: 6564 ROUTE 417, KILL BUCK, NY, 14748
- Plan Type: 401(k)
- Total Participants: 185
- Total Assets: $2.4M
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 | 185 | $2.4M | $214,328 | $299,740 |
| 2023 | 180 | $1.9M | $212,640 | $302,287 |
| 2022 | 159 | $1.3M | $186,943 | $279,878 |
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 |
|---|---|---|---|---|
| GROSSMAN, YANAK & FORD, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GROSSMAN, YANAK & FORD, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $39,468 | — | $32,402 | — | — |
| 2023 | $31,100 | — | $27,164 | — | — |
| 2022 | $28,584 | $168 | $28,416 | — | — |