Plan Snapshot
- Plan Sponsor: Lantern Financial Corporation
- Sponsor EIN: 954427861
- Sponsor Address: 13701 RIVERSIDE DRIVE, SUITE 304, SHERMAN OAKS, CA, 914232447
- Plan Type: 401(k)
- Total Participants: 6
- Total Assets: $1.5M
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. |
|---|
| 2025 | 6 | $1.5M | $21,305 | $45,797 |
| 2024 | 6 | $1.5M | $21,305 | $45,797 |
| 2023 | 5 | $1.4M | $21,116 | $55,430 |
| 2022 | 6 | $1.3M | $22,527 | $63,935 |