# Lester Building Systems LLC. 401(k) Plan
Source: https://planprovider.pro/companies/lester-building-systems-llc-401k-plan

> Lester Building Systems LLC.&#39;s 401(k) plan: 175 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Lester Building Systems LLC.

- **Sponsor EIN:** 201262938

- **Sponsor Address:** 1111 SECOND AVE S, LESTER PRAIRIE, MN, 55354

- **Plan Type:** 401(k)

- **Total Participants:** 175

- **Total Assets:** $15.0M

## 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|175|$15.0M|$292,745|$1.1M|

| 2023|178|$14.4M|$293,677|$1.1M|

| 2022|181|$11.5M|$267,631|$958,205|

## 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|

| BOULAY PLLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BOULAY PLLP](https://planprovider.pro/provider/boulay-pllp) — 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|$49,568|$21,415|$28,153|—|—|

| 2023|$47,414|$22,306|$25,108|—|—|

| 2022|$42,689|$15,703|$26,986|—|—|

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