Plan Snapshot
- Plan Sponsor: The Lane Construction Corporation
- Sponsor EIN: 060421150
- Sponsor Address: 6125 TYVOLA CENTRE DR, CHARLOTTE, NC, 282176432
- Plan Type: 401(k)
- Plan Number: 004
- Total Participants: 0
- Total Assets: $139.5M
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 | 0 | $139.5M | $0 | $0 |
| 2023 | 0 | $149.0M | $0 | $0 |
| 2022 | 0 | $145.0M | $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 |
|---|---|---|---|---|
| MERCER INVESTMENTS LLC | Investment Advisor | $638,633 | — | $638,633 |
| MERCER | Investment Advisor | $113,738 | — | $113,738 |
| STATE STREET | Other Service Provider | $75,519 | — | $75,519 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERCER INVESTMENTS LLC — Investment Advisor
- MERCER — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $827,890
- Estimated Expense Ratio: 0.594% 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 | $1,045,646 | $638,633 | — | — | — |
| 2023 | $1,593,208 | $869,321 | — | — | — |
| 2022 | $1,054,317 | $719,912 | — | — | $137,109 |