Plan Snapshot
- Plan Sponsor: Lee Michaels Jewelers, LLC
- Sponsor EIN: 720838942
- Sponsor Address: 5630 BANKER'S AVENUE, BATON ROUGE, LA, 70808
- Plan Type: 401(k)
- Total Participants: 168
- Total Assets: $11.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 168 | $11.8M | $125,000 | $580,552 |
| 2023 | 151 | $10.3M | $120,000 | $613,663 |
| 2022 | 132 | $8.2M | $110,000 | $562,285 |
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 |
|---|---|---|---|---|
| HANNIS T. BOURGEOIS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HANNIS T. BOURGEOIS, 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 | $1,050 | — | $700 | — | — |
| 2023 | $800 | — | — | — | — |
| 2022 | $925 | — | — | — | $925 |