Plan Snapshot
- Plan Sponsor: Liberty Educational Ministries Incorporated
- Sponsor EIN: 752316143
- Sponsor Address: 1301 SOUTH HIGHWAY 377, ARGYLE, TX, 76226
- Plan Type: 401(k)
- Total Participants: 271
- Total Assets: $11.3M
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 | 271 | $11.3M | $377,782 | $1.0M |
| 2023 | 259 | $9.8M | $347,395 | $839,824 |
| 2022 | 203 | $8.0M | $293,141 | $702,909 |
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 |
|---|---|---|---|---|
| FREEMON, SHAPARD & STORY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FREEMON, SHAPARD & STORY — 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 | $47,811 | — | $47,811 | — | — |
| 2023 | $39,870 | — | $39,870 | — | — |
| 2022 | $37,924 | — | $37,924 | — | — |