Plan Snapshot
- Plan Sponsor: Lightspeed Solutions, LLC Dba Lightspeed Systems
- Sponsor EIN: 770516848
- Sponsor Address: 12013 FITZHUGH ROAD, AUSTIN, TX, 78736
- Plan Type: 401(k)
- Total Participants: 167
- Total Assets: $23.1M
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 | 167 | $23.1M | $1.0M | $1.6M |
| 2023 | 176 | $19.1M | $1.1M | $1.6M |
| 2022 | 172 | $16.1M | $1.1M | $1.6M |
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 |
|---|---|---|---|---|
| DANIELLS PHILLIPS VAUGHAN & BOC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DANIELLS PHILLIPS VAUGHAN & BOC — 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 | $73,866 | $61,661 | — | — | — |
| 2023 | $60,509 | $50,075 | — | — | — |
| 2022 | $53,068 | $45,870 | $7,198 | — | — |