Plan Snapshot
- Plan Sponsor: Lowen Corporation
- Sponsor EIN: 480980607
- Sponsor Address: PO BOX 1528, HUTCHINSON, KS, 67504
- Plan Type: 401(k)
- Total Participants: 201
- Total Assets: $12.3M
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 | 201 | $12.3M | $80,348 | $694,421 |
| 2023 | 210 | $10.5M | $81,418 | $661,781 |
| 2022 | 208 | $10.0M | $83,963 | $611,972 |
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 |
|---|---|---|---|---|
| ADAMS BROWN, LLC | NONE | $40,312 | — | $40,312 |
| SCHWAB RETIREMENT PLAN SERVICES INC | NONE | $16,859 | — | $16,859 |
| SWINDOLL, JANZEN, HAWK & LOYD LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES INC — NONE
- SWINDOLL, JANZEN, HAWK & LOYD LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,171
- Estimated Expense Ratio: 0.465% 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 | $57,171 | $40,357 | — | — | — |
| 2023 | $23,207 | — | $19,754 | — | — |
| 2022 | $46,030 | — | — | — | — |