Plan Snapshot
- Plan Sponsor: Lochmueller Group, INC.
- Sponsor EIN: 351455938
- Sponsor Address: 6200 VOGEL ROAD, EVANSVILLE, IN, 477154006
- Plan Type: 401(k)
- Total Participants: 410
- Total Assets: $48.9M
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. |
|---|---|---|---|---|
| 2024 | 410 | $48.9M | $1.6M | $3.5M |
| 2023 | 337 | $39.9M | $1.4M | $2.9M |
| 2022 | 284 | $31.5M | $1.1M | $2.4M |
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 |
|---|---|---|---|---|
| ONEAMERICA RETIREMENT SERVICES | NONE | $50,980 | — | $50,980 |
| GERMAN AMERICAN FINANCIAL & TRUST | INVESTMENT ADVISOR | $38,000 | — | $38,000 |
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $88,980
- Estimated Expense Ratio: 0.182% 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 | $88,980 | $38,000 | — | — | — |
| 2023 | $112,105 | $38,000 | — | — | — |
| 2022 | $82,663 | $38,000 | — | — | $44,663 |