Plan Snapshot
- Plan Sponsor: Lanier & Associates Consulting Engineers, INC.
- Sponsor EIN: 720771664
- Sponsor Address: 4101 MAGAZINE STREET, NEW ORLEANS, LA, 70115
- Plan Type: 401(k)
- Total Participants: 124
- Total Assets: $47.4M
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 | 124 | $47.4M | $1.1M | $1.7M |
| 2023 | 138 | $39.1M | $1.0M | $1.6M |
| 2022 | 113 | $32.8M | $902,938 | $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 |
|---|---|---|---|---|
| ECONOMIC GROUP PENSION SERVICES | Recordkeeper | — | $20,471 | $20,471 |
| VOYA RETIREMENT ADVISORS, LLC | Other Service Provider | $8,563 | — | $8,563 |
| KUSHNER LAGRAIZE LLC | Auditor | $7,332 | — | $7,332 |
| MORNINGSTAR | Recordkeeper | — | $6,436 | $6,436 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KUSHNER LAGRAIZE LLC — Auditor
- MORNINGSTAR — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,802
- Estimated Expense Ratio: 0.090% 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 | $9,164 | — | $9,164 | — | — |
| 2023 | $15,006 | — | $15,006 | — | — |
| 2022 | $14,390 | — | $14,390 | — | — |