Plan Snapshot
- Plan Sponsor: The Laramar Group, LLC
- Sponsor EIN: 364425080
- Sponsor Address: 1017 S BIRCH ST, DENVER, CO, 80246
- Plan Type: 401(k)
- Total Participants: 128
- Total Assets: $27.6M
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 | 128 | $27.6M | $301,567 | $768,039 |
| 2023 | 38 | $26.9M | $395,375 | $1.1M |
| 2022 | 341 | $26.7M | $703,009 | $1.9M |
| 2020 | 379 | $26.9M | $0 | $0 |
| 2019 | 481 | $23.1M | $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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $61,220 | — | $61,220 |
| IMA ADVISORY SERVICES, INC. | INVESTMENT ADVISORY | $39,958 | $42 | $40,000 |
| BROCK AND COMPANY CPAS P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- IMA ADVISORY SERVICES, INC. — INVESTMENT ADVISORY
- BROCK AND COMPANY CPAS P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $101,220
- Estimated Expense Ratio: 0.367% 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 | $101,178 | $39,958 | $61,220 | — | — |
| 2023 | $111,858 | $37,386 | $74,472 | — | — |
| 2022 | $129,248 | $29,974 | $99,274 | — | — |
| 2020 | $120,534 | $29,964 | $90,570 | — | — |
| 2019 | $112,334 | $29,936 | $82,398 | — | — |