Plan Snapshot
- Plan Sponsor: Lithic, INC.
- Sponsor EIN: 471426777
- Sponsor Address: 228 PARK AVENUE SOUTH PMB 7104, NEW YORK, NY, 10004
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 183
- Total Assets: $8.9M
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. |
|---|---|---|---|---|
| 2025 | 183 | $8.9M | $0 | $0 |
| 2024 | 107 | $6.3M | $162,128 | $1.4M |
| 2023 | 99 | $4.2M | $167,991 | $1.4M |
| 2022 | 118 | $2.7M | $163,455 | $1.4M |
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 |
|---|---|---|---|---|
| GUSTO INVESTMENT SERVICES, LLC | Custodian / Trustee | $9,266 | — | $9,266 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,266
- Estimated Expense Ratio: 0.105% 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 | $1,077,167 | $9,266 | — | — | — |
| 2024 | $6,052 | $4,080 | — | — | — |
| 2023 | $5,242 | $2,601 | — | — | — |
| 2022 | $230,205 | — | — | — | — |