Plan Snapshot
- Plan Sponsor: Lionheart Industrial Group, LLC
- Sponsor EIN: 300873984
- Sponsor Address: 54 FRIENDS LANE, NEWTOWN, PA, 18940
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2023 | 0 | $0 | $285,193 | $730,762 |
| 2022 | 181 | $9.7M | $532,353 | $729,868 |
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 |
|---|---|---|---|---|
| MASSACHUSETTS MUTUAL LIFE INSURANCE | Recordkeeper | $48,069 | — | $48,069 |
| MORGAN STANLEY SMITH BARNEY, LLC | Investment Advisor | $24,394 | — | $24,394 |
| KRIESCHER MILLER | Auditor | $13,750 | — | $13,750 |
| THE BENEFIT PRACTICE | Recordkeeper | $11,917 | — | $11,917 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $7,437 | — | $7,437 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY, LLC — Investment Advisor
- KRIESCHER MILLER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $105,567
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 |
|---|---|---|---|---|---|
| 2023 | $79,124 | — | $64,124 | $15,000 | — |
| 2022 | $105,568 | — | $105,568 | — | — |