# Lifestore Financial Group, INC. 401(k) Plan
Source: https://planprovider.pro/companies/lifestore-financial-group-inc-562098545-001

> Lifestore Financial Group, INC.'s 401(k) plan: 104 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Lifestore Financial Group, INC.

- **Sponsor EIN:** 562098545

- **Sponsor Address:** 21 EAST ASHE STREET, WEST JEFFERSON, NC, 28694

- **Plan Type:** 401(k)

- **Plan Number:** 001

- **Total Participants:** 104

- **Total Assets:** $19.2M

## 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|104|$19.2M|$526,131|$634,741|

| 2023|112|$16.8M|$509,313|$593,816|

| 2022|106|$14.5M|$526,947|$572,123|

## 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|

| KESTRA INVESTMENT SERVICES LLC|Investment Advisor|$42,501|—|$42,501|

| FIDELITY INVESTMENTS INSTITUTIONAL|Recordkeeper|$21,993|—|$21,993|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [KESTRA INVESTMENT SERVICES LLC](https://planprovider.pro/provider/christensen-group-financial-llc) — Investment Advisor

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — Recordkeeper

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $64,494

- **Estimated Expense Ratio:** 0.337% 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|$66,247|$44,254|—|—|—|

| 2023|$40,586|$25,641|—|—|—|

| 2022|$4,763|—|$4,763|—|—|

## Similar Plans

- [Bank Of America Corporation](https://planprovider.pro/companies/bank-of-america-corporation-401k-plan-003) — 246,394 participants

- [Bank Of America Corporation](https://planprovider.pro/companies/bank-of-america-corporation-560906609-502) — 0 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/lifestore-financial-group-inc-562098545-001)

© 2026 PlanProvider.Pro