Plan Snapshot
- Plan Sponsor: Schlage Lock Company LLC
- Sponsor EIN: 542139412
- Sponsor Address: 11819 N PENNSYLVANIA ST, CARMEL, IN, 46032
- Plan Type: 401(k)
- Total Participants: 5,271
- Total Assets: $976.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 5,271 | $976.1M | $34.0M | $45.6M |
| 2023 | 5,209 | $842.1M | $32.0M | $41.4M |
| 2022 | 5,074 | $686.4M | $23.6M | $31.7M |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN 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 | $539,419 | $186,549 | $900 | — | — |
| 2023 | $482,602 | $122,942 | $3,000 | — | — |
| 2022 | $403,586 | $84,188 | — | — | — |