# Schlage Lock Company LLC DB Plan
Source: https://planprovider.pro/companies/schlage-lock-company-llc-plan-001

> Schlage Lock Company LLC's DB plan: 1,110 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 NORTH PENNSYLVANIA STREET, CARMEL, IN, 46032

- **Plan Type:** DB

- **Total Participants:** 1,110

- **Total Assets:** $227.8M

## 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|1,110|$227.8M|$0|$0|

| 2023|1,210|$244.0M|$0|$0|

| 2022|1,360|$241.8M|$0|$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|

| CLIFTONLARSONALLEN LLP|Auditor|$24,097|—|$24,097|

### 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:** $24,097

- **Estimated Expense Ratio:** 0.011% 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|$1,861,499|$461,741|$648,602|$24,097|—|

| 2023|$1,733,610|$365,063|$620,989|$17,850|—|

| 2022|$1,694,243|$129,752|—|—|$961,887|

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