Plan Snapshot
- Plan Sponsor: M. Lipsitz & Co., Ltd.
- Sponsor EIN: 741474940
- Sponsor Address: 100 ELM STREET, WACO, TX, 76704
- Plan Type: DC
- Total Participants: 234
- Total Assets: $19.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 234 | $19.5M | $507,478 | $469,710 |
| 2023 | 242 | $17.9M | $425,394 | $702,871 |
| 2022 | 229 | $16.9M | $797,825 | $427,256 |
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 |
|---|---|---|---|---|
| NA NA | AUDITOR | $6,000 | — | $6,000 |
| PATTILLO, BROWN & HILL, L.L.P | Auditor | $6,000 | — | $6,000 |
| WORLD INVESTMENT ADVISORS LLC | INVESTMENT ADVISOR | $5,444 | — | $5,444 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PATTILLO, BROWN & HILL, L.L.P — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,444
- Estimated Expense Ratio: 0.089% 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 | $12,849 | $5,444 | — | $6,000 | — |
| 2023 | $10,948 | $4,798 | — | $5,750 | — |
| 2022 | $5,689 | — | $5,689 | — | — |