Plan Snapshot
- Plan Sponsor: Lippert Components, INC.
- Sponsor EIN: 251217067
- Sponsor Address: 3501 COUNTY ROAD 6 EAST, ELKHART, IN, 46514
- Plan Type: 401(k)
- Total Participants: 9,605
- Total Assets: $304.3M
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. |
|---|---|---|---|---|
| 2024 | 9,605 | $304.3M | $11.4M | $21.3M |
| 2023 | 9,628 | $267.1M | $11.4M | $20.9M |
| 2022 | 11,023 | $221.4M | $12.1M | $21.6M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $543,391 | — | $543,391 |
| THURSTON SPRINGER | CONTRACT ADMINISTRATOR | $188,198 | — | $188,198 |
| KRUGGEL LAWTON & COMPANY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THURSTON SPRINGER — CONTRACT ADMINISTRATOR
- KRUGGEL LAWTON & COMPANY, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $731,589
- Estimated Expense Ratio: 0.240% 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 | $688,164 | $188,198 | $499,966 | — | — |
| 2023 | $577,757 | $77,726 | $500,031 | — | — |
| 2022 | $562,421 | $154,215 | $374,125 | — | $34,081 |