Plan Snapshot
- Plan Sponsor: Lg Energy Solution Michigan, INC.
- Sponsor EIN: 841563669
- Sponsor Address: 1 LG WAY, HOLLAND, MI, 49423
- Plan Type: 401(k)
- Total Participants: 1,335
- Total Assets: $65.7M
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 | 1,335 | $65.7M | $3.9M | $9.5M |
| 2023 | 4,541 | $65.3M | $6.2M | $12.1M |
| 2022 | 3,305 | $41.6M | $4.1M | $7.8M |
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 |
|---|---|---|---|---|
| UHY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UHY 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 | $164,910 | $50,000 | $300 | — | — |
| 2023 | $177,516 | $70,072 | — | — | — |
| 2022 | $143,239 | — | — | — | — |