Plan Snapshot
- Plan Sponsor: Lee Masonry Products, INC.
- Sponsor EIN: 610901825
- Sponsor Address: P.O. BOX 687, HOPKINSVILLE, KY, 42241
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 431
- Total Assets: $14.2M
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 | 431 | $14.2M | $0 | $513,174 |
| 2023 | 428 | $14.6M | $0 | $779,112 |
| 2022 | 337 | $13.2M | $0 | $726,062 |
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 |
|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL SERVICES | Other Service Provider | $50,124 | — | $50,124 |
| FORVIS WEALTH ADVISORS, LLC | Investment Advisor | $22,196 | — | $22,196 |
| KRAFT CPAS, PLLC | Other Service Provider | $13,515 | — | $13,515 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS WEALTH ADVISORS, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,835
- Estimated Expense Ratio: 0.605% 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 | $16,891 | $10,391 | $5,350 | — | — |
| 2023 | $866 | — | $2,090 | — | — |
| 2022 | $3,162 | — | $810 | — | $2,352 |