Plan Snapshot
- Plan Sponsor: Lumsden & Mccormick, LLP
- Sponsor EIN: 160765486
- Sponsor Address: CYCLORAMA BUILDING, 369 FRANKLIN ST, BUFFALO, NY, 14202
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 191
- Total Assets: $66.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2025 | 191 | $66.4M | $0 | $0 |
| 2024 | 132 | $55.6M | $1.1M | $1.4M |
| 2023 | 122 | $51.1M | $1.1M | $1.4M |
| 2022 | 124 | $40.6M | $1.1M | $1.3M |
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 |
|---|---|---|---|---|
| JEFFREY L. OFFHAUS CPA, LLC | 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 |
|---|---|---|---|---|---|
| 2025 | $1,227,487 | — | — | — | — |
| 2024 | $725 | — | — | — | — |
| 2023 | $600 | — | — | — | — |
| 2022 | $575 | — | — | — | — |