Plan Snapshot
- Plan Sponsor: Lift-All Company, INC.
- Sponsor EIN: 231649025
- Sponsor Address: 1909 MCFARLAND DRIVE, LANDISVILLE, PA, 17538
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 278
- Total Assets: $367,476
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 278 | $367,476 | $2.0M | $624,830 |
| 2023 | 303 | $544,826 | $2.3M | $619,661 |
| 2022 | 245 | $235,632 | $1.5M | $613,820 |
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 |
|---|---|---|---|---|
| HIGHMARK BLUE SHIELD | Other Service Provider | $145,611 | — | $145,611 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $145,611
- Estimated Expense Ratio: 39.625% 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 | $423,238 | — | $134,301 | — | — |
| 2023 | $413,414 | — | $140,966 | — | — |
| 2022 | $378,201 | — | $137,293 | — | — |