Plan Snapshot
- Plan Sponsor: Lover'S Lane & Co.
- Sponsor EIN: 383075311
- Sponsor Address: 46750 PORT STREET, PLYMOUTH, MI, 48170
- Plan Type: 401(k)
- Total Participants: 281
- 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 | 281 | $4.0M | $86,486 | $223,850 |
| 2023 | 212 | $3.3M | $101,904 | $210,855 |
| 2022 | 174 | $2.7M | $95,053 | $190,321 |
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 |
|---|---|---|---|---|
| RINGO & ASSOCIATES, PC | 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 | $230,565 | — | $1,352 | — | — |
| 2023 | $231,757 | — | $1,027 | — | — |
| 2022 | $1,157 | $388 | — | — | — |