Plan Snapshot
- Plan Sponsor: Lbm Advantage INC
- Sponsor EIN: 141498340
- Sponsor Address: 555 HUDSON VALLEY DRIVE, NEW WINDSOR, NY, 12553
- Plan Type: 401(k)
- Total Participants: 121
- Total Assets: $26.3M
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 | 121 | $26.3M | $653,753 | $1.1M |
| 2023 | 112 | $24.8M | $710,782 | $1.1M |
| 2022 | 120 | $21.2M | $287,850 | $1.0M |
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 |
|---|---|---|---|---|
| SHAWN POOLER CPA | Auditor | — | — | $0 |
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 | $107,792 | $67,286 | $39,646 | — | — |
| 2023 | $89,121 | $68,747 | $19,514 | — | — |
| 2022 | $96,581 | $64,571 | $32,010 | — | — |