Plan Snapshot
- Plan Sponsor: Lomanco, INC.
- Sponsor EIN: 410839410
- Sponsor Address: 2101 WEST MAIN STREET, JACKSONVILLE, AR, 720764247
- Plan Type: 401(k)
- Total Participants: 274
- Total Assets: $40.2M
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 | 274 | $40.2M | $1.3M | $1.5M |
| 2023 | 252 | $39.3M | $1.2M | $1.5M |
| 2022 | 266 | $36.7M | $1.2M | $1.4M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $73,194 | — | $73,194 |
| GALLAGHER FIDUCIARY ADVISORS, LLC | Investment Advisor | $30,018 | — | $30,018 |
| FIRST HORIZON ADVISORS INC | Investment Advisor | $7,997 | — | $7,997 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
- GALLAGHER FIDUCIARY ADVISORS, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $111,209
- Estimated Expense Ratio: 0.277% 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 | $111,964 | $38,770 | — | — | — |
| 2023 | $109,181 | $33,760 | — | — | — |
| 2022 | $113,270 | $34,921 | — | — | — |