Plan Snapshot
- Plan Sponsor: Lufrankton, L.L.C.
- Sponsor EIN: 223561252
- Sponsor Address: 2517 HWY 35, BLDG. H, SUITE 101, MANASAQUAN, NJ, 08736
- Plan Type: 401(k)
- Total Participants: 233
- Total Assets: $2.3M
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 | 233 | $2.3M | $216,025 | $420,313 |
| 2023 | 259 | $1.4M | $195,081 | $374,414 |
| 2022 | 315 | $736,992 | $182,697 | $359,373 |
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 |
|---|---|---|---|---|
| WITHUM SMITH& BROWN, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUM SMITH& BROWN, PC — Auditor
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 | $4,417 | — | $4,417 | — | — |
| 2023 | $3,961 | — | $3,961 | — | — |
| 2022 | $2,753 | — | $2,753 | — | — |