Plan Snapshot
- Plan Sponsor: Lift, INC.
- Sponsor EIN: 232574915
- Sponsor Address: 3745 HEMPLAND ROAD, MOUNTVILLE, PA, 175541545
- Plan Type: 401(k)
- Total Participants: 427
- Total Assets: $36.0M
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 | 427 | $36.0M | $888,403 | $2.1M |
| 2023 | 398 | $31.9M | $809,552 | $1.9M |
| 2022 | 356 | $27.5M | $697,552 | $1.5M |
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 |
|---|---|---|---|---|
| RKL | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RKL — 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 | $124,249 | $110,518 | — | — | — |
| 2023 | $122,571 | $98,828 | — | $10,500 | — |
| 2022 | $112,963 | $104,463 | — | — | $8,500 |