Plan Snapshot
- Plan Sponsor: Life Connection Of Ohio
- Sponsor EIN: 311285637
- Sponsor Address: 480 W. DUSSEL DRIVE, MAUMEE, OH, 43537
- Plan Type: 401(k)
- Total Participants: 106
- Total Assets: $9.4M
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 | 106 | $9.4M | $852,826 | $843,504 |
| 2023 | 107 | $8.2M | $832,076 | $756,206 |
| 2022 | 115 | $7.2M | $733,222 | $646,226 |
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 |
|---|---|---|---|---|
| RAYMOND JAMES FSA | Investment Advisor | $30,377 | — | $30,377 |
| JOHN HANCOCK LIFE INSURANCE CO | Recordkeeper | $27,206 | — | $27,206 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES FSA — Investment Advisor
- JOHN HANCOCK LIFE INSURANCE CO — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,583
- Estimated Expense Ratio: 0.613% 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 | $57,583 | $30,377 | $23,246 | — | — |
| 2023 | $53,608 | $30,457 | $19,191 | — | — |
| 2022 | $55,331 | $38,309 | $17,022 | — | — |