Plan Snapshot
- Plan Sponsor: Lifelong Learning Administration Corporation
- Sponsor EIN: 475307489
- Sponsor Address: 177 HOLSTON DRIVE, LANCASTER, CA, 935354570
- Plan Type: 401(k)
- Total Participants: 386
- Total Assets: $37.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 386 | $37.5M | $2.0M | $2.5M |
| 2023 | 362 | $30.2M | $1.8M | $2.2M |
| 2022 | 339 | $21.8M | $1.7M | $2.0M |
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 |
|---|---|---|---|---|
| PENSIONMARK FINANCIAL GROUP | Other Service Provider | $32,889 | — | $32,889 |
| PENSIONMARK FINANCIAL GROUP | Other Service Provider | $16,500 | — | $16,500 |
| STEPHEN B. MARVIN AGENCY INC. | Other Service Provider | $7,949 | — | $7,949 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,338
- Estimated Expense Ratio: 0.153% 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 | $226,463 | $57,337 | $169,076 | — | — |
| 2023 | $232,224 | $89,114 | $143,060 | — | — |
| 2022 | $180,591 | — | — | — | $180,591 |