Plan Snapshot
- Plan Sponsor: Lane Enterprises, INC.
- Sponsor EIN: 480890566
- Sponsor Address: 115 W. OLIVE AVE, EL DORADO, KS, 67042
- Plan Type: 401(k)
- Total Participants: 269
- Total Assets: $5.2M
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 | 269 | $5.2M | $58,579 | $248,206 |
| 2023 | 262 | $4.6M | $67,495 | $280,849 |
| 2022 | 306 | $4.5M | $61,744 | $260,347 |
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 |
|---|---|---|---|---|
| INTRUST BANK, N.A. | NONE | $37,391 | — | $37,391 |
| WENDLING NOE NELSON & JOHNSON, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WENDLING NOE NELSON & JOHNSON, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,391
- Estimated Expense Ratio: 0.725% 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 | $37,391 | — | $3,295 | — | — |
| 2023 | $36,132 | — | $2,963 | — | — |
| 2022 | $39,620 | $27,498 | $12,122 | — | — |