Plan Snapshot
- Plan Sponsor: Lpi, INC.
- Sponsor EIN: 452736824
- Sponsor Address: 506 TWIN OAKS DRIVE, JOHNSON CITY, TN, 37601
- Plan Type: 401(k)
- Total Participants: 346
- 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 | 346 | $4.0M | $200,512 | $553,413 |
| 2023 | 329 | $3.1M | $181,688 | $473,868 |
| 2022 | 304 | $2.3M | $183,129 | $487,284 |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $22,284 | — | $22,284 |
| COULTER & JUSTUS, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,284
- Estimated Expense Ratio: 0.551% 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 | $24,309 | $24,309 | — | — | — |
| 2023 | $19,940 | $19,940 | — | — | — |
| 2022 | $15,531 | — | — | — | $15,531 |