Plan Snapshot
- Plan Sponsor: Nations Lending Corporation
- Sponsor EIN: 770605392
- Sponsor Address: 4 SUMMIT PARK DRIVE, INDEPENDENCE, OH, 44131
- Plan Type: 401(k)
- Total Participants: 602
- Total Assets: $24.6M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 602 | $24.6M | $779,737 | $2.4M |
| 2023 | 597 | $23.6M | $1.4M | $2.8M |
| 2022 | 477 | $25.7M | $2.3M | $4.6M |
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 |
|---|---|---|---|---|
| EIDE BAILLY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY, 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 | $169,255 | — | $169,255 | — | — |
| 2023 | $193,054 | — | $193,054 | — | — |
| 2022 | $201,867 | — | — | — | $201,867 |