Plan Snapshot
- Plan Sponsor: Lincoln Investment Planning, LLC
- Sponsor EIN: 231702591
- Sponsor Address: 601 OFFICE CENTER DRIVE, FORT WASHINGTON, PA, 19034
- Plan Type: 401(k)
- Total Participants: 467
- Total Assets: $116.5M
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 | 467 | $116.5M | $4.8M | $4.6M |
| 2023 | 465 | $100.2M | $3.9M | $4.2M |
| 2022 | 467 | $85.0M | $3.9M | $4.3M |
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 |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | Recordkeeper | $62,204 | — | $62,204 |
| NEWPORT TRUST COMPANY | Custodian / Trustee | $11,956 | — | $11,956 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $74,160
- Estimated Expense Ratio: 0.064% 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 | $74,160 | — | $12,895 | — | — |
| 2023 | $33,612 | — | $8,015 | — | — |
| 2022 | $15,810 | — | $15,810 | — | — |