Plan Snapshot
- Plan Sponsor: Lamb Farms INC
- Sponsor EIN: 161081703
- Sponsor Address: 6880 ALBION RD, OAKFIELD, NY, 14125
- Plan Type: 401(k)
- Total Participants: 148
- Total Assets: $7.7M
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 | 148 | $7.7M | $85,712 | $273,702 |
| 2023 | 135 | $6.8M | $81,679 | $259,321 |
| 2022 | 133 | $5.9M | $75,643 | $245,363 |
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 |
|---|---|---|---|---|
| FREED MAXICK P.C. | Auditor | — | — | $0 |
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 | $38,896 | $12,114 | — | — | — |
| 2023 | $43,493 | $21,801 | $20,832 | — | — |
| 2022 | $42,328 | $22,274 | $20,054 | — | — |