Plan Snapshot
- Plan Sponsor: Lofted Products LLC
- Sponsor EIN: 834421801
- Sponsor Address: 110 MENKE ROAD, MICHIGAN CITY, IN, 463606530
- Plan Type: 401(k)
- Total Participants: 126
- Total Assets: $4.1M
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 | 126 | $4.1M | $169,182 | $288,733 |
| 2023 | 125 | $3.5M | $151,423 | $239,322 |
| 2022 | 106 | $2.8M | $138,593 | $206,394 |
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 |
|---|---|---|---|---|
| TOPEL FORMAN, LLC | Auditor | — | — | $0 |
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 | $24,754 | — | $24,754 | — | — |
| 2023 | $21,609 | — | $21,609 | — | — |
| 2022 | $10,552 | — | $10,552 | — | — |