Plan Snapshot
- Plan Sponsor: Lobar Associates, INC.
- Sponsor EIN: 232450611
- Sponsor Address: 4 BARLO CIRCLE, DILLSBURG, PA, 17019
- Plan Type: 401(k)
- Total Participants: 181
- Total Assets: $11.8M
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 | 181 | $11.8M | $114,610 | $910,346 |
| 2023 | 179 | $11.7M | $114,605 | $909,936 |
| 2022 | 175 | $9.3M | $107,848 | $782,335 |
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 |
|---|---|---|---|---|
| MARTIN M. SACKS & ASSOCIATES | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MARTIN M. SACKS & ASSOCIATES — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $18,957 | — | — | — | — |
| 2023 | $18,505 | — | — | — | — |
| 2022 | $25,470 | — | — | — | — |