Plan Snapshot
- Plan Sponsor: Lakeland Industries, INC.
- Sponsor EIN: 133115216
- Sponsor Address: 1525 PERIMETER PARKWAY, HUNTSVILLE, AL, 35806
- Plan Type: 401(k)
- Total Participants: 99
- Total Assets: $10.7M
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 | 99 | $10.7M | $276,134 | $832,321 |
| 2023 | 81 | $9.4M | $293,923 | $831,752 |
| 2022 | 79 | $8.3M | $260,790 | $794,205 |
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 |
|---|---|---|---|---|
| BLACK & PINCKARD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BLACK & PINCKARD — 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 | $50,435 | $32,802 | — | — | — |
| 2023 | $44,168 | $29,151 | — | — | — |
| 2022 | $50,905 | — | — | — | — |