Plan Snapshot
- Plan Sponsor: R. Lacy Services, Ltd.
- Sponsor EIN: 202002323
- Sponsor Address: 222 EAST TYLER ST, LONGVIEW, TX, 75601
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 80
- Total Assets: $303,116
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 80 | $303,116 | $2.8M | $0 |
| 2023 | 81 | $252,652 | $3.7M | $0 |
| 2022 | 77 | $253,963 | $2.8M | $0 |
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 |
|---|---|---|---|---|
| BOON-CHAPMAN | Other Service Provider | $101,165 | — | $101,165 |
| AETNA SIGNATURE | Recordkeeper | $20,682 | — | $20,682 |
| HUB INTERNATIONAL TEXAS, INC. | Recordkeeper | $15,465 | — | $15,465 |
| TELADOC HEALTH MEDICAL GROUP PA | Other Service Provider | $5,413 | — | $5,413 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $142,725
- Estimated Expense Ratio: 47.086% 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 | $3,187,198 | — | — | — | — |
| 2023 | $4,521,026 | — | — | — | — |
| 2022 | $2,930,497 | — | — | — | — |