Plan Snapshot
- Plan Sponsor: Lawley, LLC
- Sponsor EIN: 222737385
- Sponsor Address: 361 DELAWARE AVENUE, BUFFALO, NY, 14202
- Plan Type: 401(k)
- Total Participants: 568
- Total Assets: $106.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 568 | $106.0M | $2.2M | $5.2M |
| 2023 | 552 | $90.9M | $1.9M | $4.5M |
| 2022 | 441 | $75.2M | $1.8M | $3.9M |
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 |
|---|---|---|---|---|
| ACTUARIAL BENEFITS CORP | CONTRACT ADMINISTRATOR | $1,300 | $31,250 | $32,550 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $14,612 | — | $14,612 |
| CHIAMPOU TRAVIS BESAW KERSHNER, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,162
- Estimated Expense Ratio: 0.044% 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 | $15,918 | — | $15,918 | — | — |
| 2023 | $11,060 | — | $11,060 | — | — |
| 2022 | $10,154 | — | $10,154 | — | — |