# Schlage Lock Company LLC 401(k) Plan
Source: https://planprovider.pro/companies/schlage-lock-company-llc-401k-plan-002

> Schlage Lock Company LLC's 401(k) plan: 5,271 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/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|—|—|—|

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