Plan Snapshot
- Plan Sponsor: Lexington Machining, LLC
- Sponsor EIN: 452817094
- Sponsor Address: 677 BUFFALO RD, ROCHESTER, NY, 14611
- Plan Type: 401(k)
- Total Participants: 84
- Total Assets: $9.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 84 | $9.2M | $94,107 | $301,236 |
| 2023 | 94 | $9.3M | $90,520 | $277,172 |
| 2022 | 99 | $8.1M | $93,727 | $272,509 |
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 |
|---|---|---|---|---|
| FORVIS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS, 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 | $1,967,600 | — | $5,870 | — | — |
| 2023 | $692,367 | — | $5,132 | — | — |
| 2022 | $4,871 | $2,596 | — | — | — |