Plan Snapshot
- Plan Sponsor: Lutheran Social Service Group, INC.
- Sponsor EIN: 161548940
- Sponsor Address: 715 FALCONER ST, JAMESTOWN, NY, 147011935
- Plan Type: 401(k)
- Total Participants: 93
- Total Assets: $11.0M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 93 | $11.0M | $179,205 | $254,735 |
| 2023 | 141 | $13.5M | $264,174 | $375,141 |
| 2022 | 147 | $13.7M | $262,763 | $391,315 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $44,143 | — | $44,143 |
| ROYAL ALLIANCE ASSOCIATES, INC. | INVESTMENT ADVISORY | — | $23,950 | $23,950 |
| BUFFAMANTE WHIPPLE | ACCOUNTANT | $8,250 | — | $8,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ROYAL ALLIANCE ASSOCIATES, INC. — INVESTMENT ADVISORY
- BUFFAMANTE WHIPPLE — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $76,343
- Estimated Expense Ratio: 0.694% 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 | $52,393 | — | $44,144 | $8,249 | — |
| 2023 | $70,945 | — | $63,695 | $7,250 | — |
| 2022 | $74,913 | — | $68,664 | — | $6,249 |