Plan Snapshot
- Plan Sponsor: Lightyear Dealer Technologies, LLC
- Sponsor EIN: 431929998
- Sponsor Address: 1321 UPLAND DR. PMB 22449, HOUSTON, TX, 77043
- Plan Type: 401(k)
- Total Participants: 121
- Total Assets: $4.4M
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 | 121 | $4.4M | $222,870 | $718,715 |
| 2023 | 106 | $3.3M | $169,310 | $450,632 |
| 2022 | 113 | $2.3M | $128,231 | $379,807 |
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 |
|---|---|---|---|---|
| WHITLEY PENN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WHITLEY PENN 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 | $37,662 | $19,535 | $18,127 | — | — |
| 2023 | $24,247 | — | $11,792 | — | — |
| 2022 | $22,343 | $11,766 | $10,577 | — | — |