Plan Snapshot
- Plan Sponsor: Longchamps Electric, LLC
- Sponsor EIN: 020325725
- Sponsor Address: 700 HARVEY ROAD, MANCHESTER, NH, 031033312
- Plan Type: 401(k)
- Total Participants: 132
- Total Assets: $13.9M
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 | 132 | $13.9M | $474,808 | $964,998 |
| 2023 | 117 | $11.6M | $423,582 | $865,973 |
| 2022 | 116 | $9.5M | $373,533 | $789,706 |
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 |
|---|---|---|---|---|
| NATHAN WECHSLER & CO. P.A. | 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 | $52,082 | $29,372 | — | — | — |
| 2023 | $45,778 | $25,443 | — | — | — |
| 2022 | $11,016 | — | — | — | — |