Plan Snapshot
- Plan Sponsor: Lockton, INC.
- Sponsor EIN: 900007886
- Sponsor Address: 444 W 47TH STREET, KANSAS CITY, MO, 641121906
- Plan Type: 401(k)
- Total Participants: 7,058
- Total Assets: $1.4B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 7,058 | $1.4B | $53.7M | $81.1M |
| 2023 | 6,764 | $1.2B | $48.7M | $73.6M |
| 2022 | 6,196 | $997.8M | $42.5M | $63.7M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $619,102 | — | $619,102 |
| CREATIVE PLANNING LLC | INV ADV, PARTICIPANTS | $83,958 | — | $83,958 |
| CETERA INVESTMENT ADVISERS LLC | INV ADV, PARTICIPANTS | $35,641 | — | $35,641 |
| BCWM, LLC. | INV ADV, PARTICIPANTS | $18,182 | — | $18,182 |
| MARINER LLC | INV ADV, PARTICIPANTS | $17,175 | — | $17,175 |
| PRIME CAPITAL INVESTMENT ADVIS | INV ADV, PARTICIPANTS | $8,263 | — | $8,263 |
| CHARLES SCHWAB & CO, INC. | BROKER/DEALER | $5,243 | — | $5,243 |
| GOODMAN FINANCIAL CORPORATION | INV ADV, PARTICIPANTS | $5,137 | — | $5,137 |
| RUBIN BROWN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CREATIVE PLANNING LLC — INV ADV, PARTICIPANTS
- CHARLES SCHWAB & CO, INC. — BROKER/DEALER
- RUBIN BROWN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $792,701
- Estimated Expense Ratio: 0.057% 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 | $815,314 | — | $815,314 | — | — |
| 2023 | $630,237 | — | $630,237 | — | — |
| 2022 | $522,949 | — | $522,949 | — | — |