Plan Snapshot
- Plan Sponsor: Lender Service Provider, LLC
- Sponsor EIN: 453211922
- Sponsor Address: 2677 PROSPERITY AVE, MERRIFIELD, VA, 22031
- Plan Type: 401(k)
- Total Participants: 141
- Total Assets: $6.6M
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 | 141 | $6.6M | $0 | $595,511 |
| 2023 | 120 | $5.4M | $93,173 | $631,627 |
| 2022 | 129 | $3.5M | $16,494 | $97,646 |
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 |
|---|---|---|---|---|
| HANCOCK & ROBINSON 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 | $34,866 | $342 | $34,074 | — | — |
| 2023 | $23,004 | $68 | $22,111 | — | — |
| 2022 | $700 | — | $700 | — | — |