Plan Snapshot
- Plan Sponsor: Lochridge-Priest, INC
- Sponsor EIN: 741460928
- Sponsor Address: PO BOX 154187, WACO, TX, 76715
- Plan Type: 401(k)
- Total Participants: 630
- Total Assets: $3.2M
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 | 630 | $3.2M | $74,998 | $261,160 |
| 2023 | 439 | $3.8M | $97,369 | $356,657 |
| 2022 | 348 | $3.3M | $89,761 | $314,018 |
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 |
|---|---|---|---|---|
| TRANSAMERICA FINANCIAL LIFE INS CO | RECORDKEEPER | $15,031 | — | $15,031 |
| UBS FINANCIAL SERVICES, INC. | INVESTMENT ADVISORY | $14,984 | — | $14,984 |
| LUDWICK, MONTGOMERY & STAPP, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INS CO — RECORDKEEPER
- UBS FINANCIAL SERVICES, INC. — INVESTMENT ADVISORY
- LUDWICK, MONTGOMERY & STAPP, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,015
- Estimated Expense Ratio: 0.938% 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 | $33,952 | $33,952 | — | — | — |
| 2023 | $36,741 | $36,741 | — | — | — |
| 2022 | $22,544 | $22,544 | — | — | — |