Plan Snapshot
- Plan Sponsor: Lanzen, INC.
- Sponsor EIN: 381814915
- Sponsor Address: 100 PEYERK CT, ROMEO, MI, 48065
- Plan Type: 401(k)
- Total Participants: 171
- Total Assets: $19.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 171 | $19.8M | $499,957 | $1.1M |
| 2023 | 172 | $17.3M | $462,165 | $994,870 |
| 2022 | 151 | $14.4M | $427,435 | $859,019 |
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 |
|---|---|---|---|---|
| MRPR | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MRPR — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $60,188 | $39,366 | — | — | — |
| 2023 | $55,595 | $34,498 | — | — | — |
| 2022 | $57,693 | — | — | — | — |