Plan Snapshot
- Plan Sponsor: Lansing Building Products, LLC
- Sponsor EIN: 540617098
- Sponsor Address: 2221 EDWARD HOLLAND DRIVE, RICHMOND, VA, 23230
- Plan Type: 401(k)
- Total Participants: 1,865
- Total Assets: $125.6M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,865 | $125.6M | $4.3M | $9.4M |
| 2023 | 1,807 | $107.1M | $3.6M | $8.2M |
| 2022 | 1,705 | $81.5M | $3.3M | $7.0M |
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 |
|---|---|---|---|---|
| WELLS FARGO CLEARING SERVICES | ADVISOR | $110,043 | — | $110,043 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $47,761 | — | $47,761 |
| CHERRY BEKAERT LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $157,804
- Estimated Expense Ratio: 0.126% 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 | $157,560 | $157,804 | — | — | — |
| 2023 | $118,725 | $123,000 | — | — | — |
| 2022 | $118,508 | $31,895 | — | — | — |