Plan Snapshot
- Plan Sponsor: Langston Companies, INC.
- Sponsor EIN: 620442511
- Sponsor Address: 1760 S. THIRD STREET, MEMPHIS, TN, 38109
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 188
- Total Assets: $4.7M
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 | 188 | $4.7M | $68,331 | $350,935 |
| 2023 | 203 | $4.4M | $69,874 | $366,081 |
| 2022 | 164 | $3.8M | $54,358 | $275,534 |
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 |
|---|---|---|---|---|
| TRUSTMARK NATIONAL BANK | Other Service Provider | $18,771 | — | $18,771 |
| THE VANGUARD GROUP, INC. | Other Service Provider | $17,405 | — | $17,405 |
| REYNOLDS BONE & GRIESBECK PLC | Auditor | $10,000 | — | $10,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- REYNOLDS BONE & GRIESBECK PLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,176
- Estimated Expense Ratio: 0.979% 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 | $46,176 | $18,771 | $17,405 | $10,000 | — |
| 2023 | $38,061 | $12,452 | $15,949 | $9,660 | — |
| 2022 | $56,750 | $20,350 | — | — | $27,200 |