Plan Snapshot
- Plan Sponsor: Lisega, INC.
- Sponsor EIN: 020409118
- Sponsor Address: 370 EAST DUMPLIN VALLEY, KODAK, TN, 37764
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 173
- Total Assets: $12.9M
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. |
|---|---|---|---|---|
| 2025 | 173 | $12.9M | $0 | $0 |
| 2024 | 143 | $11.2M | $313,165 | $841,338 |
| 2023 | 135 | $10.8M | $260,214 | $740,458 |
| 2022 | 125 | $9.1M | $258,372 | $670,821 |
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 |
|---|---|---|---|---|
| AMERICAN TRUST COMPANY | Recordkeeper | $43,303 | — | $43,303 |
| RATHER & KITTRELL | Investment Advisor | $25,000 | — | $25,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $68,303
- Estimated Expense Ratio: 0.528% 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 |
|---|---|---|---|---|---|
| 2025 | $1,204,685 | — | — | — | — |
| 2024 | $63,664 | $25,000 | $33,489 | — | — |
| 2023 | $61,249 | $25,000 | $8,917 | — | — |
| 2022 | $63,110 | $25,000 | $38,110 | — | — |