Plan Snapshot
- Plan Sponsor: Laux-Arnold,INC. Dba L-A Electric
- Sponsor EIN: 351748885
- Sponsor Address: 902 INCENTIVE DRIVE, FORT WAYNE, IN, 46825
- Plan Type: 401(k)
- Total Participants: 108
- Total Assets: $15.6M
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 | 108 | $15.6M | $592,540 | $722,121 |
| 2023 | 99 | $13.0M | $545,552 | $648,185 |
| 2022 | 98 | $10.1M | $560,222 | $676,185 |
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 |
|---|---|---|---|---|
| SYM FINANCIAL CORPORATION | INVESTMENT ADVISOR | $48,025 | — | $48,025 |
| EMPOWER ANNUITY INS. CO. OF AMERICA | RECORDKEEPER | $29,894 | — | $29,894 |
| RETIREMENT PLAN CONCEPTS & SERIVCES | CONTRACT ADMIN | $8,120 | — | $8,120 |
| DULIN, WARD & DEWALD, INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DULIN, WARD & DEWALD, INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $86,039
- Estimated Expense Ratio: 0.551% 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 | $84,680 | — | $84,680 | — | — |
| 2023 | $71,477 | — | $71,477 | — | — |
| 2022 | $69,555 | — | $69,555 | — | — |