Plan Snapshot
- Plan Sponsor: Laticrete International, INC.
- Sponsor EIN: 060774147
- Sponsor Address: ONE LATICRETE PARK NORTH, BETHANY, CT, 06524
- Plan Type: 401(k)
- Total Participants: 538
- Total Assets: $74.1M
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 | 538 | $74.1M | $1.6M | $4.8M |
| 2023 | 539 | $64.1M | $1.5M | $4.4M |
| 2022 | 508 | $51.6M | $1.5M | $4.3M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $69,137 | — | $69,137 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $22,060 | — | $22,060 |
| HERBEIN & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- HERBEIN & COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $91,197
- Estimated Expense Ratio: 0.123% 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 | $176,155 | $22,060 | — | — | — |
| 2023 | $153,455 | $94,821 | $1,800 | — | — |
| 2022 | $145,775 | $21,786 | — | — | — |