Plan Snapshot
- Plan Sponsor: Len The Plumber, LLC
- Sponsor EIN: 521936681
- Sponsor Address: 1552 RIDGELY STREET, BALTIMORE, MD, 21230
- Plan Type: 401(k)
- Total Participants: 535
- Total Assets: $12.2M
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 | 535 | $12.2M | $2.0M | $183,659 |
| 2023 | 529 | $9.5M | $163,226 | $1.6M |
| 2022 | 423 | $7.3M | $134,099 | $1.4M |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORDKEEPER | $45,739 | — | $45,739 |
| HARBOR INVESTMENT ADVISORY | ADVISOR | $26,442 | — | $26,442 |
| CITRIN COOPERMAN AND COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,181
- Estimated Expense Ratio: 0.590% 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 | $93,027 | $26,442 | $20,846 | — | — |
| 2023 | $49,780 | — | — | — | — |
| 2022 | $18,498 | — | — | — | — |