Plan Snapshot
- Plan Sponsor: Lb&B Associates INC.
- Sponsor EIN: 561768228
- Sponsor Address: 9891 BROKEN LAND PARKWAY, SUITE 400, COLUMBIA, MD, 21046
- Plan Type: 401(k)
- Total Participants: 396
- Total Assets: $25.4M
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 | 396 | $25.4M | $464,293 | $1.2M |
| 2023 | 412 | $22.4M | $451,896 | $1.1M |
| 2022 | 380 | $19.3M | $477,705 | $1.2M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — 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 | $125,713 | $53,845 | $5,704 | — | — |
| 2023 | $122,934 | $44,737 | $6,045 | — | — |
| 2022 | $121,145 | $43,530 | — | — | $7,841 |