Plan Snapshot
- Plan Sponsor: Lynd Management Group LLC
- Sponsor EIN: 873955337
- Sponsor Address: 4499 POND HILL RD, SAN ANTONIO, TX, 782311292
- Plan Type: 401(k)
- Total Participants: 236
- Total Assets: $2.0M
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 | 236 | $2.0M | $161,946 | $401,738 |
| 2023 | 211 | $1.4M | $146,139 | $347,630 |
| 2022 | 203 | $926,893 | $0 | $316,362 |
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 | Recordkeeper | $35,324 | — | $35,324 |
| NEW YORK LIFE SECURITIES | Other Service Provider | — | $6,038 | $6,038 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,362
- Estimated Expense Ratio: 2.117% 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 | $35,324 | — | $35,324 | — | — |
| 2023 | $26,030 | — | $26,030 | — | — |
| 2022 | $24,318 | — | $24,318 | — | — |