Plan Snapshot
- Plan Sponsor: Lessings, INC.
- Sponsor EIN: 135203715
- Sponsor Address: 3500 SUNRISE HIGHWAY, GREAT RIVER, NY, 11739
- Plan Type: 401(k)
- Total Participants: 1,054
- Total Assets: $14.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,054 | $14.7M | $208,251 | $959,424 |
| 2023 | 880 | $13.3M | $175,491 | $840,915 |
| 2022 | 740 | $11.4M | $71,339 | $640,348 |
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 |
|---|---|---|---|---|
| GALLEROS ROBINSON CPAS, LLP | 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 | $6,085 | — | $6,085 | — | — |
| 2023 | $6,000 | — | $6,000 | — | — |
| 2022 | $3,551 | — | $3,551 | — | — |