# Lbm Advantage INC 401(k) Plan
Source: https://planprovider.pro/companies/lbm-advantage-inc-401k-plan

> Lbm Advantage INC's 401(k) plan: 121 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|—|—|

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