Plan Snapshot
- Plan Sponsor: Lipman Brothers LLC
- Sponsor EIN: 620759627
- Sponsor Address: 2815 BRICK CHURCH PIKE, NASHVILLE, TN, 37207
- Plan Type: 401(k)
- Total Participants: 452
- Total Assets: $34.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 452 | $34.3M | $1.2M | $2.0M |
| 2023 | 387 | $29.6M | $1.1M | $1.8M |
| 2022 | 367 | $26.1M | $1.1M | $1.8M |
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 |
|---|---|---|---|---|
| LBMC, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC, PC — 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 | $199,309 | $79,388 | $119,921 | — | — |
| 2023 | $180,853 | $152,204 | $28,649 | — | — |
| 2022 | $158,918 | $137,239 | $21,679 | — | — |