Plan Snapshot
- Plan Sponsor: Lipsitz Green Scime Cambria, LLP
- Sponsor EIN: 160905097
- Sponsor Address: 42 DELAWARE AVE STE 120, BUFFALO, NY, 14202
- Plan Type: DC
- Total Participants: 129
- Total Assets: $81.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 129 | $81.4M | $937,149 | $1.1M |
| 2023 | 124 | $70.9M | $929,033 | $994,056 |
| 2022 | 123 | $61.3M | $821,778 | $923,062 |
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 |
|---|---|---|---|---|
| ARBOR CAPITAL MANAGEMENT | INVESTMENT/FINANCIAL ADVI | $17,000 | — | $17,000 |
| FL PUTNAM | INVESTMENT/FINANCIAL ADVI | $17,000 | — | $17,000 |
| ADP, INC. | RECORD KEEPER | $15,124 | — | $15,124 |
| LUMSDEN MCCORMICK | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- LUMSDEN MCCORMICK — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,124
- Estimated Expense Ratio: 0.060% 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 | $66,125 | $51,000 | — | — | — |
| 2023 | $48,250 | $30,737 | — | — | — |
| 2022 | $48,143 | — | — | — | — |