Plan Snapshot
- Plan Sponsor: Lb&B Associates INC.
- Sponsor EIN: 561768228
- Sponsor Address: 9891 BROKEN LAND PARKWAY, SUITE 400, COLUMBIA, MD, 21046
- Plan Type: DC
- Total Participants: 386
- Total Assets: $26.1M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 386 | $26.1M | $1.4M | $1.5M |
| 2023 | 442 | $22.1M | $1.3M | $1.4M |
| 2022 | 325 | $17.4M | $1.2M | $1.6M |
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 | $137,499 | $65,429 | $6,335 | — | — |
| 2023 | $125,496 | $52,200 | $5,055 | — | — |
| 2022 | $129,498 | $48,275 | — | — | $15,709 |