Plan Snapshot
- Plan Sponsor: Lendingpoint LLC
- Sponsor EIN: 471697765
- Sponsor Address: 1201 ROBERTS BLVD, KENNESAW, GA, 30144
- Plan Type: 401(k)
- Total Participants: 207
- Total Assets: $10.9M
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 | 207 | $10.9M | $332,535 | $1.8M |
| 2023 | 362 | $10.6M | $692,903 | $2.5M |
| 2022 | 529 | $7.3M | $962,986 | $2.7M |
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 |
|---|---|---|---|---|
| MOORE COLSON & COMPANY, PC | 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 | $91,936 | $26,594 | $65,342 | — | — |
| 2023 | $89,489 | $21,209 | $68,280 | — | — |
| 2022 | $52,064 | $11,503 | $40,561 | — | — |