Plan Snapshot
- Plan Sponsor: Lifespace Communities, INC.
- Sponsor EIN: 421068850
- Sponsor Address: 3501 OLYMPUS BLVD #300, DALLAS, TX, 75019
- Plan Type: 403(b)
- Total Participants: 4,340
- Total Assets: $76.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 4,340 | $76.7M | $3.4M | $11.0M |
| 2023 | 4,264 | $64.8M | $4.2M | $14.5M |
| 2022 | 2,980 | $54.4M | $1.7M | $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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $204,584 | — | $204,584 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $204,584
- Estimated Expense Ratio: 0.267% 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 | $239,584 | $35,000 | — | — | — |
| 2023 | $141,796 | — | — | — | — |
| 2022 | $222,417 | — | $222,417 | — | — |