Plan Snapshot
- Plan Sponsor: Lgi Homes, INC.
- Sponsor EIN: 463088013
- Sponsor Address: 1450 LAKE ROBBINS DR SUITE 430, THE WOODLANDS, TX, 77380
- Plan Type: 401(k)
- Total Participants: 1,175
- Total Assets: $91.0M
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 | 1,175 | $91.0M | $4.6M | $8.9M |
| 2023 | 937 | $76.6M | $4.4M | $8.5M |
| 2022 | 863 | $57.6M | $4.5M | $7.9M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $122,077 | — | $122,077 |
| LEGACY ASSET MANAGEMENT INC | ADVISOR | $40,540 | — | $40,540 |
| SHEFFIELD, TRACKWELL & RAPP, LLC | ACCOUNTANT/AUDITOR | $19,600 | — | $19,600 |
| ONEDIGITAL INVESTMENT ADVISORS LLC | ADVISOR | $13,618 | — | $13,618 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $7,725 | — | $7,725 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- SHEFFIELD, TRACKWELL & RAPP, LLC — ACCOUNTANT/AUDITOR
- ONEDIGITAL INVESTMENT ADVISORS LLC — ADVISOR
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $203,560
- Estimated Expense Ratio: 0.224% 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 | $203,678 | $61,882 | $300 | $19,600 | — |
| 2023 | $159,356 | $54,504 | $600 | — | — |
| 2022 | $185,287 | $61 | — | — | — |