Plan Snapshot
- Plan Sponsor: Lammico
- Sponsor EIN: 720925617
- Sponsor Address: ONE GALLERIA BLVD. SUITE 700, METAIRIE, LA, 700017510
- Plan Type: 401(k)
- Total Participants: 120
- Total Assets: $48.9M
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 | 120 | $48.9M | $1.2M | $1.6M |
| 2023 | 120 | $45.0M | $1.2M | $1.6M |
| 2022 | 115 | $43.4M | $377,949 | $1.5M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $83,365 | — | $83,365 |
| HANCOCK WHITNEY BANK | Investment Advisor | $18,087 | — | $18,087 |
| BEACON POINTE ADVISORS LLC | Investment Advisor | $5,589 | — | $5,589 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $5,297 | — | $5,297 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $112,338
- Estimated Expense Ratio: 0.230% 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 |
|---|---|---|---|---|---|
| 2024 | $76,913 | $28,973 | — | — | — |
| 2023 | $69,684 | $25,392 | — | — | — |
| 2022 | $102,655 | $89,603 | $13,052 | — | — |