Plan Snapshot
- Plan Sponsor: Lambert Global, LLC
- Sponsor EIN: 383428160
- Sponsor Address: 47 COMMERCE AVE SW, GRAND RAPIDS, MI, 49503
- Plan Type: 401(k)
- Total Participants: 73
- Total Assets: $7.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 73 | $7.4M | $141,572 | $680,739 |
| 2023 | 86 | $8.1M | $112,541 | $636,415 |
| 2022 | 93 | $6.6M | $128,268 | $695,414 |
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 |
|---|---|---|---|---|
| REHMANN ROBSON LLC | 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 | $55,070 | $31,528 | — | — | — |
| 2023 | $47,833 | $9,295 | — | — | — |
| 2022 | $45,154 | — | — | — | $45,154 |