Plan Snapshot
- Plan Sponsor: Lessen LLC
- Sponsor EIN: 364296411
- Sponsor Address: 130 E RANDOLPH ST. SUITE 200, CHICAGO, IL, 60601
- Plan Type: 401(k)
- Total Participants: 872
- Total Assets: $40.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- 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 | 872 | $40.1M | $1.7M | $5.3M |
| 2023 | 1,054 | $26.7M | $1.6M | $4.1M |
| 2022 | 946 | $20.2M | $1.6M | $4.5M |
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 |
|---|---|---|---|---|
| FGMK, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FGMK, LLC — 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 | $208,312 | $47,001 | $161,311 | — | — |
| 2023 | $159,593 | $40,352 | $119,241 | — | — |
| 2022 | $143,962 | $37,125 | $106,837 | — | — |