Plan Snapshot
- Plan Sponsor: Richard Lundgren, INC.
- Sponsor EIN: 042324062
- Sponsor Address: 163 WASHINGTON STREET, AUBURN, MA, 01501
- Plan Type: 401(k)
- Total Participants: 267
- Total Assets: $10.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 267 | $10.1M | $96,490 | $749,345 |
| 2023 | 268 | $8.2M | $85,903 | $685,199 |
| 2022 | 251 | $6.4M | $75,555 | $669,533 |
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 |
|---|---|---|---|---|
| ALBIN, RANDALL & BENNETT | Auditor | — | — | $0 |
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 | $26,272 | — | — | — | — |
| 2023 | $22,380 | $16,388 | $3,550 | — | — |
| 2022 | $27,119 | — | — | — | — |