Plan Snapshot
- Plan Sponsor: Lx Hausys America, INC.
- Sponsor EIN: 222895551
- Sponsor Address: 3480 PRESTON RIDGE, ALPHARETTA, GA, 30005
- Plan Type: 401(k)
- Total Participants: 513
- Total Assets: $25.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 513 | $25.5M | $1.2M | $2.0M |
| 2023 | 477 | $22.5M | $1.1M | $1.9M |
| 2022 | 492 | $18.0M | $1.2M | $2.2M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORDKEEPER | $128,616 | — | $128,616 |
| MORGAN STANLEY | INVESTMENT ADVISORY | $35,315 | — | $35,315 |
| KLICHS | AUDIT | $7,000 | — | $7,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORDKEEPER
- MORGAN STANLEY — INVESTMENT ADVISORY
- KLICHS — AUDIT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $170,931
- Estimated Expense Ratio: 0.669% 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 | $171,098 | $35,315 | — | $7,000 | — |
| 2023 | $173,741 | $53,733 | — | $27,000 | — |
| 2022 | $96,883 | $6,782 | — | — | — |