Plan Snapshot
- Plan Sponsor: Lexmark International, INC.
- Sponsor EIN: 061308215
- Sponsor Address: 740 WEST NEW CIRCLE ROAD, LEXINGTON, KY, 40550
- Plan Type: DB
- Total Participants: 406
- Total Assets: $313.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 406 | $313.2M | $2.8M | $0 |
| 2023 | 606 | $354.3M | $8.4M | $0 |
| 2022 | 653 | $352.0M | $0 | $0 |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT LLP | Auditor | $25,700 | — | $25,700 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,700
- Estimated Expense Ratio: 0.008% of plan assets
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 | $2,855,837 | — | $222,883 | $25,700 | — |
| 2023 | $2,677,138 | — | $170,848 | $32,235 | — |
| 2022 | $2,646,219 | — | $234,710 | — | $284,909 |