Plan Snapshot
- Plan Sponsor: Ly Brothers Corporation
- Sponsor EIN: 943170390
- Sponsor Address: 1963 SABRE STREET, HAYWARD, CA, 94545
- Plan Type: 401(k)
- Total Participants: 462
- Total Assets: $15.0M
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 | 462 | $15.0M | $354,115 | $1.5M |
| 2023 | 470 | $12.0M | $285,008 | $1.3M |
| 2022 | 418 | $9.0M | $247,069 | $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 |
|---|---|---|---|---|
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — 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 | $40,754 | $15,010 | $25,744 | — | — |
| 2023 | $37,751 | $15,000 | $22,751 | — | — |
| 2022 | $29,927 | — | $29,927 | — | — |