Plan Snapshot
- Plan Sponsor: Lott Oil Company, INC.
- Sponsor EIN: 720877791
- Sponsor Address: 1855 SOUTH DRIVE, NATCHITOCHES, LA, 714572658
- Plan Type: 401(k)
- Total Participants: 263
- Total Assets: $7.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 263 | $7.3M | $207,946 | $426,336 |
| 2023 | 269 | $6.0M | $184,994 | $377,415 |
| 2022 | 199 | $4.7M | $170,928 | $347,799 |
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 |
|---|---|---|---|---|
| WERNTZ & ASSOCIATES | Recordkeeper | $5,639 | — | $5,639 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,639
- Estimated Expense Ratio: 0.077% 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 | $21,320 | — | $20,378 | — | — |
| 2023 | $27,057 | — | $16,671 | — | — |
| 2022 | $29,528 | — | $21,948 | — | $7,500 |