Plan Snapshot
- Plan Sponsor: Litigation Management, INC.
- Sponsor EIN: 341433351
- Sponsor Address: 7976 MAYFIELD ROAD, SUITE 150, CHESTERLAND, OH, 44026
- Plan Type: 401(k)
- Total Participants: 328
- Total Assets: $5.2M
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 | 328 | $5.2M | $40,548 | $338,964 |
| 2023 | 326 | $5.1M | $40,034 | $332,909 |
| 2022 | 354 | $4.8M | $56,306 | $563,332 |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISOR | $21,648 | — | $21,648 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $18,603 | — | $18,603 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $5,527 | — | $5,527 |
| PW PARTNERS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PW PARTNERS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,778
- Estimated Expense Ratio: 0.879% 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 | $45,778 | $27,175 | — | — | — |
| 2023 | $40,987 | $24,549 | — | — | — |
| 2022 | $41,516 | $24,613 | $16,903 | — | — |