Plan Snapshot
- Plan Sponsor: Lusa Associates INC.
- Sponsor EIN: 522304111
- Sponsor Address: 1104 TUSCULUM BLVD., GREENEVILLE, TN, 37745
- Plan Type: 401(k)
- Total Participants: 42
- Total Assets: $2.1M
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 | 42 | $2.1M | $28,370 | $56,899 |
| 2023 | 38 | $2.0M | $27,727 | $56,638 |
| 2022 | 60 | $1.8M | $57,621 | $46,130 |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | NONE | $16,769 | $1,309 | $18,078 |
| ERICKSON DEMEL & ASSOCIATES, PLLC | NONE | $16,250 | — | $16,250 |
| CAMBRIDGE INVESTMENT RESEARCH, INC. | NONE | $10,227 | — | $10,227 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — NONE
- ERICKSON DEMEL & ASSOCIATES, PLLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,555
- Estimated Expense Ratio: 2.120% 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 | $43,246 | $10,227 | $16,769 | $16,250 | — |
| 2023 | $41,393 | $9,597 | $16,296 | $15,500 | — |
| 2022 | $58,737 | — | — | — | $58,737 |