Plan Snapshot
- Plan Sponsor: Lenovo (United States) INC.
- Sponsor EIN: 522449153
- Sponsor Address: 8001 DEVELOPMENT DR, MORRISVILLE, NC, 275607416
- Plan Type: 401(k)
- Total Participants: 5,245
- Total Assets: $2.6B
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 | 5,245 | $2.6B | $50.0M | $88.3M |
| 2023 | 4,711 | $2.3B | $49.7M | $84.8M |
| 2022 | 4,748 | $2.0B | $49.6M | $79.7M |
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 |
|---|---|---|---|---|
| PBMARES, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PBMARES, 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 | $932,221 | $572,211 | — | — | — |
| 2023 | $889,866 | $532,759 | — | — | — |
| 2022 | $613,049 | — | — | — | $613,049 |