Plan Snapshot
- Plan Sponsor: Logistics & Environmental Solutions Corporation
- Sponsor EIN: 631071824
- Sponsor Address: 4845 UNIVERSITY SQUARE, SUITE 1, HUNTSVILLE, AL, 35816
- Plan Type: 401(k)
- Total Participants: 75
- Total Assets: $4.0M
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 | 75 | $4.0M | $988 | $98,185 |
| 2023 | 110 | $4.2M | $0 | $155,888 |
| 2022 | 139 | $3.8M | $51,014 | $131,174 |
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 |
|---|---|---|---|---|
| JAMISONMONEYFARMER PC | Auditor | $18,400 | — | $18,400 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,400
- Estimated Expense Ratio: 0.454% 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 | $46,484 | — | $28,084 | $18,400 | — |
| 2023 | $46,111 | — | $28,211 | $17,900 | — |
| 2022 | $45,701 | — | $25,451 | — | $20,250 |