Plan Snapshot
- Plan Sponsor: Norton Lilly International, INC.
- Sponsor EIN: 631222618
- Sponsor Address: ONE STREET LOUIS CENTRE, MOBILE, AL, 36602
- Plan Type: 401(k)
- Total Participants: 473
- Total Assets: $37.0M
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. |
|---|---|---|---|---|
| 2023 | 473 | $37.0M | $745,590 | $3.1M |
| 2022 | 504 | $30.8M | $997,086 | $2.8M |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $165,402 | — | $165,402 |
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $83,966 | $2,048 | $86,014 |
| SMITH, DUKES & BUCKALEW, LLP | ACCOUNTANT | $25,000 | — | $25,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- SMITH, DUKES & BUCKALEW, LLP — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $276,416
- Estimated Expense Ratio: 0.748% 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 |
|---|---|---|---|---|---|
| 2023 | $137,709 | $54,483 | — | — | — |
| 2022 | $128,938 | — | — | — | — |