Plan Snapshot
- Plan Sponsor: Lifeworks Services, INC. (Contract)
- Sponsor EIN: 410907857
- Sponsor Address: 6636 CEDAR AVE S SUITE 250, RICHFIELD, MN, 554232719
- Plan Type: 403(b)
- Total Participants: 1,799
- Total Assets: $20.6M
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 | 1,799 | $20.6M | $595,715 | $849,930 |
| 2023 | 2,474 | $18.5M | $567,864 | $756,178 |
| 2022 | 1,707 | $16.6M | $537,553 | $660,392 |
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 |
|---|---|---|---|---|
| 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: $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 | $61,769 | — | — | — | — |
| 2023 | $48,515 | — | — | — | — |
| 2022 | $51,863 | $30,132 | $21,734 | — | — |