Plan Snapshot
- Plan Sponsor: Ledvance LLC
- Sponsor EIN: 810887998
- Sponsor Address: 181 BALLARDVALE STREET, WILMINGTON, MA, 01887
- Plan Type: DC
- Total Participants: 310
- Total Assets: $186.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 310 | $186.5M | $2.2M | $2.6M |
| 2023 | 302 | $183.2M | $2.4M | $2.9M |
| 2022 | 333 | $171.5M | $2.5M | $2.8M |
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 |
|---|---|---|---|---|
| ALIGHT SOLUTIONS LLC | NONE | $277,086 | — | $277,086 |
| THE BANK OF NEW YORK MELLON | TRUSTEE | $138,865 | — | $138,865 |
| AON INVESTMENT USA, INC. | NONE | $77,500 | — | $77,500 |
| RSM US LLP | NONE | $33,390 | — | $33,390 |
| AON CONSULTING | NONE | $13,000 | — | $13,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — NONE
- RSM US LLP — NONE
- AON CONSULTING — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $539,841
- Estimated Expense Ratio: 0.289% 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 | $738,995 | $25,171 | $13,000 | $33,390 | — |
| 2023 | $712,490 | $56,779 | — | — | — |
| 2022 | $479,370 | $17,121 | — | — | $494,948 |